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$6,595,000
91 Days On Site

82451 John Nobles Avenue
Indio, CA 92201

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
25,200
SqFt
$262
/SqFt
1980
Built
County:
Riverside
Listed by ALBERT LE of LE INVESTMENT GROUP [email protected]

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82451 John Nobles Avenue82451 John Nobles Avenue82451 John Nobles Avenue82451 John Nobles Avenue
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The property possesses an extremely attractive unit mix of large two story townhouse style units. The Property is composed of Sixteen (16) Large Three Bedroom units, and (8) Oversized Four-Bedroom units. ProForma CAP Rate of 6.40%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 6.00%. ProForma GRM of 9.97 with a current GRM of 10.44 Property being offered at a below market cost per square footage. Comparable sold properties in the Submarket areas are currently being trading at $325.81/SF. Subject property is priced below replacement costs. The buildings currently operates at 100% occupancy. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region.

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Listing Snapshot
Price 
$6,595,000
Days On Site 
91 Days
Bedrooms 
N/A
Inside Area (SqFt) 
25,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.28 Acres
Year Built 
1980
MLS® Number 
IV24170406
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $6,595,000
a month agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
1.28
Number Of Stories 
2
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
25200
Stories 
Two
Water Source 
Public
Zoning 
R3
Interior Features
Laundry Features 
Washer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Sidewalks
Financing Terms Available 
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MLS Area 
699 - Not Defined
82451 John Nobles Avenue, Indio, CA, 92201 Pezzini Luxury Homes

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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