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83209 Dillon Ave
Indio, CA 92201
Multifamily Property For Sale
·
11 Units
Investment Highlights
- MONTH TO MONTH TENANTS
- ProForma CAP Rate of 6.3% With a ProForma GRM of 9.45 Current CAP Rate of 4.3% with Current GRM of 13.1.
- 100% Occupied With Majority Long Term Month To Month Tenants
- Eleven Unit Property With Huge Upside On Rents
- Riverside County Has Experienced Large Rental Growth Exceeding The Nations Average. Occupancy Rate and Rental Rates Out Pacing Surrounding Cities Am
- Rental Comparable Illustrates A 97% Occupancy Area With Current Rents Over 20% Under Market
Property Facts
| No. Units | 11 | Building Size | 7,216 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | R3 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 7,216 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $600.00 | - |
| 2+1 | 5 | $662.50 | - |
Property Taxes
| Parcel Number | 611-281-014 | Improvements Assessment | $950,374 |
| Land Assessment | $132,055 | Total Assessment | $1,082,429 |
Property Taxes
Parcel Number
611-281-014
Land Assessment
$132,055
Improvements Assessment
$950,374
Total Assessment
$1,082,429
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