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82451 John Nobles Ave
Indio, CA 92201
TRUE +7% CAP - John Nobles Townhomes · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Current CAP Rate of 7.12%, ProForma CAP Rate of 7.47%. All units have been fully renovated & re-tenanted at market-rate rents across the property.
- Over $1,000,000 in recent capital improvements, including all new roofing, HVAC unit replacements, full interior and exterior renovations.
- Property is 100% occupied with a Current GRM of 9.50 & a ProForma GRM 9.07.
- All Two-Story Townhouse Style Units - Unparalleled unit mix of (16) 3 Bed 1.5 Bath townhomes & (8) 4 Bed 2 Bath townhomes.
- Located near future Cotino “Storyliving by Disney” in Rancho Mirage. Positioning the property to benefit from substantial projected growth in the area
- This apartment community may offer potential for future development, featuring multiple flat, buildable areas on the property. ADU potential.
Property Facts
| No. Units | 24 | Building Size | 25,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built/Renovated | 1980/2024 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 1.28 AC | ||
| Zoning | R3, Indio | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 25,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | R3, Indio |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Dining Room
- Double Pane Windows
- Freezer
- Instant Hot Water
- Patio
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Maintenance on site
- Online Services
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 16 | $2,109 | 1,050 |
| 4+2 | 8 | $2,298 | 1,100 |
Property Taxes
| Parcel Number | 614-120-002 | Improvements Assessment | $3,790,177 |
| Land Assessment | $579,502 | Total Assessment | $4,369,679 |
Property Taxes
Parcel Number
614-120-002
Land Assessment
$579,502
Improvements Assessment
$3,790,177
Total Assessment
$4,369,679
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