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POWERED BY PURLIN.AI

68550 Grove St

cathedral city, CA 92234

$11,950,000

    INTERESTED? LET'S CONNECT

    The Jasper is a one-of-a-kind opportunity to acquire 19 Multi-Family Units (currently under construction and estimated to be completed in Q1 2026) with an infill downtown location in fast-growing Cathedral City, which is currently experiencing a major development renaissance. This well-located property is off of the main arterial road ''Hwy. 111/East Palm Canyon Drive'' and is nearby the newly constructed and opened ''Agua Caliente Casino'' which created over 500 new jobs, with over 500 new slot/gaming machines & table games, and several new restaurants. Additional new retail is under construction to the east including Starbucks, Chipotle, Farmer Boys, and Circle K. This project is truly a prime pedestrian-oriented development. Furthermore, The Jasper is located within the state's Qualified Opportunity Zone (rare for superior locations like this), which can allow for significant capital gains tax savings for qualified investors.

    Details

    0.68 Private Acres Lot Size

    Investment

    Built in 2025

    MLS/Listing ID 219138249DA

    19 Units

    Amenities & Features

    Mountains View

    Panoramic View

    Parking - Assigned

    Parking - Garage

    Parking - Garage Door Opener

    Parking - Guest

    Heating - Forced Air

    Vinyl

    CRMLS

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    Interested in 68550 Grove St?