350 E Palm Canyon
Palm Springs, CA 92264
El Moro Villa Apartments · Multifamily Property For Sale
·
30 Units
Property Facts
| No. Units | 30 | Building Size | 11,332 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 1.40 AC | ||
| Zoning | R3, Palm Springs | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 11,332 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Palm Springs |
Amenities
Unit Amenities
- Microwave
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Wi-Fi
Site Amenities
- Courtyard
- Laundry Facilities
- Spa
- Furnished Units Available
- Recycling
- Online Services
About 350 E PALM CANYON , PALM SPRINGS, CA 92264
El Moro Villas includes two parcels totaling just under an estimated 1.5 acres of land lot size. Options are limitless for a new buyer. The property historically used at one time as a hotel / short-term offering, and for the past 15+ years has been utilized as long-term fully furnished studio apartments. The property currently includes 30 total units, plus an onsite office and an additional large storage or small retail / restaurant space having the required plumbing. Current tenants experience high quality residential living with resort like amenities such as an oversized pool and spa, lush landscaping and all-inclusive utilities including cable and internet. New buyer may capitalize on the surging boutique hotel demand or continue operating as studio apartments.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | - | 250 - 600 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $446,026 | |
| Land Assessment | $1,867,828 | Total Assessment | $2,313,854 |
Property Taxes
