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82451 John Nobles Avenue, Indio, CA 92201
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82451 John Nobles Avenue
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  • MLS#: IV24170406 ( Apartment )
  • Street Address: 82451 John Nobles Avenue
  • Viewed: 3
  • Price: $6,595,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Days On Market: 120
  • Additional Information
  • County: RIVERSIDE
  • City: Indio
  • Zipcode: 92201
  • Provided by: LE INVESTMENT GROUP
  • Contact: ALBERT ALBERT
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The property possesses an extremely attractive unit mix of large two story townhouse style units. The Property is composed of Sixteen (16) Large Three Bedroom units, and (8) Oversized Four Bedroom units. ProForma CAP Rate of 6.40%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 6.00%. ProForma GRM of 9.97 with a current GRM of 10.44 Property being offered at a below market cost per square footage. Comparable sold properties in the Submarket areas are currently being trading at $325.81/SF. Subject property is priced below replacement costs. The buildings currently operates at 100% occupancy. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region.
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Features
Building Area Total
  1. 25200.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 59
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. None
Insurance Expense
  1. 0.00
Laundry Features
  1. Washer Hookup
Laundry Income
  1. 600.00
Levels
  1. Two
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 395994.00
Number Of Separate Electric Meters
  1. 24
Number Of Separate Gas Meters
  1. 24
Number Of Separate Water Meters
  1. 24
Parcel Number
  1. 614120002
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 421266153:CRM
Totalexpenses
  1. 204452.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1980
Year Built Source
  1. Public Records
Zoning
  1. R3