Log In/Sign Up
Your email has been sent.
70265 Aurora Rd 3,672 SF Specialty Building Offered at $945,000 at a 7.41% Cap Rate in Desert Hot Springs, CA 92241
Investment Highlights
- Sale-leaseback at +7% CAP rate!
- Indoor Pool + Separate Multipurpose Building
- Gated entrance
- Located within the mineral springs region of Desert Hot Springs
- Amazing Views of San Jacinto Mountains
Executive Summary
Wilson Meade Commercial is pleased to present the opportunity to acquire 70265 Aurora Road - an income producing residential asset along with a freestanding indoor pool, shaded gazebo, and a detached multipurpose building formerly used as a church.
The primary residence consists of a two story 5-bed/ 4-bath home currently operating as a duplex, with separate entrances to both the upstairs floor and ground level floor.
The seller is willing to execute a triple net leaseback at $70,000 per year - allowing new ownership to enjoy immediate income at a 7.41% CAP rate. Call broker for more details!
The primary residence consists of a two story 5-bed/ 4-bath home currently operating as a duplex, with separate entrances to both the upstairs floor and ground level floor.
The seller is willing to execute a triple net leaseback at $70,000 per year - allowing new ownership to enjoy immediate income at a 7.41% CAP rate. Call broker for more details!
Property Facts
| Price | $945,000 | Building Class | C |
| Price Per SF | $257.35 | Lot Size | 0.92 AC |
| Sale Type | Investment | Building Size | 3,672 SF |
| Cap Rate | 7.41% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1984 |
| Property Subtype | Residential Income | ||
| Zoning | W-2 - Residential zoning W-2 a retreat center, wellness resort, or boutique vacation rental property thanks to the spa amenities, meeting space, and chapel. | ||
| Price | $945,000 |
| Price Per SF | $257.35 |
| Sale Type | Investment |
| Cap Rate | 7.41% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 3,672 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Zoning | W-2 - Residential zoning W-2 a retreat center, wellness resort, or boutique vacation rental property thanks to the spa amenities, meeting space, and chapel. |
Amenities
- Air Conditioning
- Smoke Detector
1 1
Property Taxes
| Parcel Number | 654-200-057 | Improvements Assessment | $403,760 |
| Land Assessment | $100,940 | Total Assessment | $504,700 |
Property Taxes
Parcel Number
654-200-057
Land Assessment
$100,940
Improvements Assessment
$403,760
Total Assessment
$504,700
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
70265 Aurora Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.