37250 Bankside Dr
cathedral city, CA 922341 800 000 US$
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We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.
Detalhes
6,680 Sq Ft
0.36 Acres privados Tamanho do lote
apartamento
Construído em 1963
MLS/ID do anúncio PW26156345
12 Unidades
Comodidades e características
Community - Sidewalks
Área comum
Lot - Irregular Lot
Pool - Private
Public Sewer
Public Water
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CUSTO MENSAL TOTAL
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- PRINCIPAL E JUROS
0 US$
- IMPOSTOS SOBRE A PROPRIEDADE
0 US$
- Encargos comuns
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.