This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
49270 Cochran Drive
Indio, CA 92201
Aspire 32-Unit Condo Project · Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- Aspire is project of 32 brand new condo units in Indio, CA, with phase 1 set to complete in September 2022.
- Located in a gated community featuring a full suite of amenities such as a swimming pool, private backyards, and walking paths.
- Great opportunity to create a short-term rental community near the music festivals and sporting events in the Valley.
- Less than a mile from Aspire are popular attractions Coachella, Stagecoach, and Palm Springs Kennel Club’s annual dog show.
EXECUTIVE SUMMARY
Welcome to Aspire, a 32-unit condo project located in the beautiful, gated community of Indian Palms Country Club. Brand new construction, Aspire is a community of one duplex and ten triplexes, all single-story. Aspire offers three floor plans ranging from 1,665-square-feet with a unit mix of three beds and two baths to 1,882-square-feet with three or four beds and two baths. Amenities exclusively for Aspire include a pool, spa, shade structures, 1/4-mile walking path, desert garden, private backyards, covered patios, and much more. Interiors feature 9-foot ceilings, vinyl plank flooring, natural wood cabinets, quartz counters, LED lighting, and paid solar stainless-steel appliances. Aspire is situated in the festival capital of the southwest in Indio, California. This condo project is located less than one mile from Empire Polo Club, Coachella Valley Music Festival, and Stagecoach Festival, where all the most famous music festivals are held. Tenants could walk or bike to the festivals in a few minutes as the festival grounds are less than a mile away. Highway access to the heavily trafficked Route 111, 86, and Interstate 10 is a 12-minute drive. The first phase of construction of 17 homes will be completed in Sept 2022. The second phase of construction of 15 homes will be completed in late 2022 or early 2023. Aspire is a prime opportunity to own 32 long-term, seasonal, or short-term rentals.
PROPERTY FACTS
| No. Units | 32 | Building Size | 56,800 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Single-Family Home | Parking Ratio | 1.13/1,000 SF |
| Building Class | A | APN / Parcel ID | 614-353-016 |
| Lot Size | 4.80 AC |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | A |
| Lot Size | 4.80 AC |
| Building Size | 56,800 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 1.13/1,000 SF |
| APN / Parcel ID | 614-353-016 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Ceiling Fans
- Family Room
- Island Kitchen
SITE AMENITIES
- Business Center
- Controlled Access
- Clubhouse
- Pool
- Spa
- Basketball Court
- Multi Use Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 21 | $3,475 | 1,665 - 1,776 |
| 4+2 | 11 | $3,700 | 1,882 |
