11583 Cactus Dr - Apartments FOR SALE


Desert Hot Springs, CA 92240
$650,000 USD
760-534-2584
11583 Cactus Dr, Desert Hot Springs, CA for Sale
$650,000 USD
Apartments - FOR SALE
1/5
null | 5.7% Cap Rate

11583 Cactus Dr
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • Paid for Solar System
  • Great Unit mix
  • Live in and Rent Opportunity

OVERVIEW

Great opportunity to own stabilized triplex with future upside in the income potential. The property is located on the corner of Cactus Drive and 3rd street, just blocks from downtown Desert Hot Springs. There is a good mix of units including a three (3) bedroom, two (2) bath, two (2) bedroom, one (1) bath, and a one (1) bedroom, one (1) bath which are all currently occupied. Each unit enjoys tile flooring, desert landscaping and an owned solar system that has been covering all electrical costs. Please do not disturb tenants, reach out to Broker for more information.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

3

PRICE/UNIT

$216,667

CAP RATE

5.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R3

APN/PARCEL ID

639-221-049

ASK ABOUT THIS PROPERTY

Cameron RawlingsWilson Meade Commercial Real EstateMore Info
760-534-2584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cameron RawlingsWilson Meade Commercial Real EstateMore Info
760-534-2584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.