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$3,995,000
Est. payment /mo
15,503 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,503 sqft
Price per Sqft $257
MLS Listing ID CROC25274157
HOA Y/N No
Year Built 1964
Lot Size 1.040 Acres
Acres 1.04
Property Sub-Type Other
Property Description
Palm Desert Garden Apartments is a 25-unit multifamily investment property located in Palm Desert, CA. Situated on a 1.04-acre lot, Palm Desert Garden Apartments offers a diverse mix of studio, one-, and two-bedroom floor plans, some of which feature private patios. Additionally, the property features single-story construction, a highly desirable characteristic to prospective renters. Furthermore, Palm Desert Garden Apartments features attractive amenities such as a swimming pool, a spa, storage sheds, and ample surface parking. Palm Desert Garden Apartments is situated in an optimal Palm Desert location, within walking distance to a plethora of retail, dining, and entertainment options along the Highway 111 retail corridor. Additionally, the property benefits from its close proximity to College of The Desert, helping to attract a diverse renter pool. Furthermore, Palm Desert Garden Apartments' location, moments away from a multitude of golf courses and parks, provides residents with convenient access to outdoor activities. The property's desirable single-story construction and attractive Palm Desert location are primary draws for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Palm Desert Garden Apa
Location
State CA
County Riverside
Interior
Heating Other
Fireplace No
Laundry No Hookups
Building
Lot Description Level
New Construction No
Others
Tax ID 627142017
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Listed by Tyler Leeson • Marcus & Millichap RE Invest