Twenty-Four (24) Unit Multi Family Townhome Style Apartment composed currently of 25,200 square feet. The Apartments are composed of Sixteen (16) Three Bedroom Two Bathroom and Eight (8) Four Bedroom Two Bathroom Units. The property is located on a 1.280 acres built in 1980 and completely rehabbed in 2022. One Million Dollars in Capital Expenditures. Riverside County and The City of Indio have experienced large rental growth(s), exceeding the Nations average in occupancy rates and rental rate growth, out pacing surrounding cities. Located only 25 minutes from Downtown Palm Springs (20 Miles). The surrounding desert communities have witnessed a large increase of tourist numbers in the past decade. The continued growth is due, in large part, to the many local desert events such as The Palm Springs International Film Festival, the Modernism Week, the Coachella Music Festival and the Stage Coach Music Festival. Property is located just 3 miles from Direct Access to the I-10 Freeway. Indio is easily connected to the major traffic areas, with an easy access for visitors and residents. The population was 76,036 in the 2010 United States Census, up from 49,116 at the 2000 census, an increase of 55%. Indio was formerly referred to as the Hub of the Valley, a Chamber of Commerce slogan used in the 1970s.It later was nicknamed the City of Festivals, a reference to the numerous cultural events held in the city, most notably the Coachella Valley Music and Arts Festival.