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73530 Catalina Way
Palm Desert, CA 92260
Catalina Palms Apartments · Multifamily Property For Sale
·
26 Units
PROPERTY FACTS
| No. Units | 26 | Lot Size | 1.55 AC |
| Property Type | Multifamily | Building Size | 26,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Zoning | R3, Palm Desert | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 26,000 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | R3, Palm Desert |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
SITE AMENITIES
- Laundry Facilities
ABOUT 73530 CATALINA WAY , PALM DESERT, CA 92260
Catalina Apartments presents an investor a solid value-add opportunity with immediate upside through modest renovations and raising rents to meet the market. The property is well-positioned in an area that has proven consistent growth with strong economic fundamentals, new city developments, and increasing job market. Palm Desert has become a hot-spot in the Coachella Valley area that will benefit Catalina Apartments from the influx of increasing geographical demand. The opportunity is ideal for an investor looking to acquire a value-add asset in an area poised for continued growth.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 24 | - | 875 |
| 3+2 | 2 | - | 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,797,424 | |
| Land Assessment | $1,110,609 | Total Assessment | $3,908,033 |
PROPERTY TAXES
