45420 Park St | Indio, CA 92201
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45420 Park St
Indio, CA 92201
Multifamily Property For Sale
·
5 Units
Investment Highlights
- SELLER WILLING TO CARRY WITH 30% DOWN PAYMENT!
- The property is located near The City of Indio's Future Downtown Revitalization Project and is 100% occupied with long term tenants.
- Blocks From The Coachella Valley History Museum, College of the Desert, Riverside County Fairgrounds, & Many Major Retailers.
- The property possesses an extremely attractive unit mix of five (5) large Two-Bedroom / One bathroom units.
- Property is located just 3 miles from Direct Access to the I-10 Freeway.
- ProForma CAP Rate of 7.47%. The ProForma CAP Rate will be realized by brining rents to current market rates.
Property Facts
| No. Units | 5 | Building Size | 5,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1980 |
| Lot Size | 0.18 AC | ||
| Zoning | R3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,750 | 1,100 |
Property Taxes
| Parcel Number | 611-182-004 | Improvements Assessment | $343,530 |
| Land Assessment | $85,878 | Total Assessment | $429,408 |
Property Taxes
Parcel Number
611-182-004
Land Assessment
$85,878
Improvements Assessment
$343,530
Total Assessment
$429,408
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