202 S Palm Dr | Blythe, CA 92225
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- LoopNet Team
202 S Palm Dr
Blythe, CA 92225
BLYTHE TRIPLEX, 13.30% CAP!! · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- BEAUTIFUL TRIPLEX IN LOW VACANCY, UNDERBUILT, RISING RENT MARKET
- $36,000 ANNUAL GROSS INCOME, AND A 13.30% CAP RATE, AT MARKET RENTS ACCORDING TO NEARBY RENT COMP
- $28,800 ANNUAL GROSS INCOME, AND A 10.17% CAP RATE AT UNDERCHARGED ACTUAL RENTS
PROPERTY FACTS
| No. Units | 3 | Building Size | 1,800 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Lot Size | 0.15 AC | Year Built/Renovated | 1985/2022 |
| Zoning | R3 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 1,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2022 |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 of 1
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