69786 Stellar Dr - Apartments FOR SALE


Rancho Mirage, CA 92270
$2,195,900 USD
800-552-4526
69786 Stellar Dr, Rancho Mirage, CA for Sale
$2,195,900 USD
Apartments - FOR SALE
1/6
null | 4.32% Cap Rate

69786 Stellar Dr
Rancho Mirage, CA 92270


HIGHLIGHTS

  • The flexibility to either maintain these properties as a valuable investment portfolio or sell each unit individually, thanks to their separate APNs,

OVERVIEW

An outstanding opportunity awaits you in the heart of Rancho Mirage! This is your opportunity to acquire a set of four attached homes designed By BILL Cody, each with its individual parcel number, in a prime location that promises exceptional returns. These spacious units boast three bedrooms, 2.5 baths, and two-car garages, with over 1900 square feet of living space. Step onto your private balcony to savor panoramic city views that provide the perfect backdrop for relaxation and entertainment. Located at 69786, 69790, 69794 & 69798 Steller Dr., in the coveted Rancho Mirage Cove, these properties offer a high vantage point above the valley, delivering breathtaking vistas. Inside, you'll discover spacious kitchens adorned with granite countertops. The generous living rooms and dining areas offer ample space for gatherings and relaxation. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities. The flexibility to either maintain these properties as a valuable investment portfolio or sell each unit individually, thanks to their separate APNs, is a significant advantage. Beyond the investment potential, you'll find convenience at your doorstep. Just minutes away, enjoy shopping, dining, and entertainment options, making it effortless to embrace the desert lifestyle you've always desired

FOR SALE DETAILS

PRICE

$2,195,900 USD

PRICE/SF

$287 USD /SF

# OF UNITS

4

PRICE/UNIT

$548,975

CAP RATE

4.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mirage Cove Townhouses

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

PUDB

APN/PARCEL ID

689-052-001,689-052-002,689-052-003,689-052-004

ASK ABOUT THIS PROPERTY

Bijan TahbazalliOrange Coast IncMore Info
800-552-4526

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

Bijan TahbazalliOrange Coast IncMore Info
800-552-4526

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