82451 John Nobles Avenue,
Home For Sale
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 6.48%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 5.74%. ProForma GRM of 10.29 with a current GRM of 11.24 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.
Property Details
Additional Information
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- County:
- Riverside
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- Zip:
- 92201
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- MLS® #:
- IV24170406
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- Bedrooms:
- 7
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- Lot Size:
- 1.28
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- Neighborhood:
- RIV CTY-INDIO (92201)
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Listing information last updated on August 18th, 2024 at 8:16am PDT.