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 6.48%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 5.74%. ProForma GRM of 10.29 with a current GRM of 11.24 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, l
Amazing Investment Opportunity In The Heart Of Indio To Purchase A Prime Property With Full Approval To Construct A 72 Unit Multi Family Project. Save The Time And Energy Of Getting Through Architectural, Engineering and City Approvals. This Developer Ready Property will be shovel ready by close of escrow. Property features 44 2 bedrooms and 2 bathroom plans, 8 3 bedroom & 2 bathroom plans & 20 1 bedroom & 1 bathroom plans. Ranges are between 817 sq ft to 1,301 sq ft in interior living spaces making contemporary and efficient layouts a priority. Residence at John Noble is minutes from all of Indio's best shopping and dining options, walking distance to public transportatio
Welcome to this charming 3-bedroom, 2-bathroom home located at 45546 Aladdin Street, Unit A101, Indio, CA. With 1138 square feet of living space and private patio, this cozy abode is the perfect blend of comfort and convenience. Step inside that exudes a welcoming ambiance. The open layout seamlessly connects the living, dining, and kitchen areas, creating an ideal space for both relaxation and entertaining. The kitchen is equipped with warm lighting and ample cabinet storage. The primary bedroom offers a peaceful retreat, complete with an en-suite bathroom for added privacy. Two additional bedrooms provide versatile space, this home provides easy access to dining, shopping, and entertainme
Located in the heart of Downtown Indio, this unique home is situated on an oversized lot and features a detached casita behind the main house. The main home includes 3 bedrooms and 2 full restrooms with an updated kitchen. The detached casita in the rear includes another bedroom, full restroom, full kitchen, and living / dining space. This home is walking distance to the newly revitalized downtown area's shopping, eateries, and recently expanded Community College East Campus. Indio is one of Riverside County's fastest growing cities and this home is located just minutes from the Coachella music festivals and has no STR restrictions. Minutes from golf, hiking, and casinos as well!
This two bedroom, one bath condo is the perfect home for those starting out or looking for an investment property to use as a rental. The property has been recently refreshed with new vinyl flooring in the living room, dining area, and kitchen and paint. All information is believed to be accurate but buyer in encouraged to verify all information.
Unlock the potential of this well-located duplex in Indio! This property features two 1-bed, 1-bath units, making it a fantastic investment for those looking to generate rental income. Each unit offers a comfortable living space. Property features off-street driveway parking, ensuring added convenience for tenants. The property's prime location is a major draw, with quick access to HWY 111 and the 10 Freeway, making commuting a breeze. Whether you need to travel for work or leisure, they'll appreciate the ease of getting around. The duplex is also close to shopping, dining, and entertainment options, adding to its appeal. This property is a smart addition to any investment portfolio. Don't
Tremendous Opportunity to Be a Part of the Reimagined City of Indio! Located near the Epicenter of Downtown Growth, this Fully Fenced 4+ Acre Property Shares Historical Significance and Future Potential. The Once Popular U- pick Organic Citrus Farm, a Popular Tourist Destination in Years Past, is Hitting the Market For the Very First Time. Two Dwellings (One being Habitable) sit on the Acreage w/ a Private Well that Just Needs Reactivating. Zoning information w/ a Myriad of Options, Including Multi Family is Attached and All Prospective Buyers to Complete their Own Due Diligence with the City of Indio. Structures and Land Being Sold ''As-is''
Great starter home in the City of Indio. In close proximity to schools, shopping, and dining. The home has a 3-Car garage that has been converted to an additional living area. No HOA.
As you pull up to the property you will know this is an excellent investment. Lots of new construction in the area, this centrally located lot is in the heart of Indio directly across the street from the new College of the Desert Indio Campus. Fairly level, approximately 150' wide and 100' deep, and a quick walk to the Riverside County Courthouse and, also, the infamous Indio Fairgrounds. Call now.
Indio California is known for its vibrant culture, hosting events like the Coachella Valley Music and Arts Festival. It is also known for its rich agricultural heritage, particularly in the date framing.
Property is part of the Downtown Specific Plan. Actual Zoning is DT-N (Downtown Neighborhood) up to 4 stories, walkable urban neighborhood. Large City of Indio parking lot across the street. Seller has old plans for 2-Story Commercial Office building with 8 Suites. The old plan calls for 22 parking space to accommodate 5,536 square feet of rentable space. 15 of the parking spaces are planned on site, the balance of 7 spaces are located in the City of Indio parking lot behind the Applebee's restaurant located at the corner of Smurr & Hwy 111 across the street from the subject property. It may be possible for a new owner to increase the amount of rentable square footage. The zoning allo