Description
This well maintained ten unit senior living apartment complex located in Palm Desert is now for sale. In addition to the ten units, there are two laundry rooms, one storage room, and one mechanical equipment room. The well manicured grounds consist of a community shaded barbecue, and outdoor seating areas. The ground floor units have private patios accessible from the bedrooms of each unit. The property is being sold fully leased with big upside potential. Projected rents were determined from multiple sources with a projected CAP rate of 5.8%. The expense data shown are the current owner's actual expense, with a proforma property tax amount, based on the asking price.
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10BEDS
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0.48ACRES
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10BATHS
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01/2 BATHS
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7,398SQFT
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$284$/SQFT
School Ratings & Info
Description
This well maintained ten unit senior living apartment complex located in Palm Desert is now for sale. In addition to the ten units, there are two laundry rooms, one storage room, and one mechanical equipment room. The well manicured grounds consist of a community shaded barbecue, and outdoor seating areas. The ground floor units have private patios accessible from the bedrooms of each unit. The property is being sold fully leased with big upside potential. Projected rents were determined from multiple sources with a projected CAP rate of 5.8%. The expense data shown are the current owner's actual expense, with a proforma property tax amount, based on the asking price.
Licensed in the State of California, USA