This Multifamily Property is Off-Market.

13255 & 13285 Mesquite Ave
Desert Hot Springs, CA 92240 ·

16 Units · Multifamily For Sale

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Kelly Villas

Price N/A Cap Rate 5.40%
No. Units 16 Gross Rent Multiplier 11.30
Building Size 14,400 SF No. Stories 2
Property Type Multifamily Year Built 1985
Property Sub-type
Garden/Low-Rise
More...
  • Mid/High-Rise
Lot Size 33,975 SF
Property Use Type Investment APN / Parcel ID 641-272-013, 014
Commission Split 2.5%
Listing ID: 14482673 Date Created: 01/29/2006 Last Updated: 08/01/2006

Description

Sixteen unit apartments consisting of two buildings with 8 units each on two parcels totalling approximately 3/4 acre. All units are 2 bedroom with 2 bath and approximately 900 SF. In excellent condition with the roof and exterior paint re-done in 2005, appliances, ACs and the parking lot re-done in 2004. All units have new carpet. Amenities include a common green area and covered parking. Little or no deferred maintenance. Built in 1985. BEST OF ALL - IT PENCILS!

In Desert Hot Springs, east of Palm Drive, just south of Hacienda. PLEASE DO NOT WALK PROPERTY OR CONTACT TENANTS!!!! Please call listing agent for appointment.

Highlights

  • Large units - 900+ SF each
  • Covered parking
  • Excellent condition
  • Near shopping, schools and bus
  • Priced to sell
  • Property management available

Research

13255 & 13285 Mesquite Ave, Desert Hot Springs, CA 92240 (Riverside County)

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