Historical Multifamily Sale Listing - Kelly Villas

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Kelly Villas

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

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
14,400 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
5.40%
Gross Rent Multiplier:
11.30
No. Stories:
2
Year Built:
1985
Lot Size:
33,975 SF
APN / Parcel ID:
641-272-013, 014
Listing ID
14482673
Last Updated
over 1 year ago

Highlights

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

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.

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

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