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42995 Park Pl 4 Unit Apartment Building $2,087,272 CAD ($521,818 CAD/Unit) 8.95% Cap Rate Palm Desert, CA 92260
Executive Summary
PRICED TO SELL!!!!! DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY. THIS EXCEPTIONAL WELL MAINTAINED LUXURY MULTI-FAMILY PROPERTY ON PARK PLACE IN PALM DESERT IS A PRIME INVESTMENT. WITH A STRONG LAYOUT, AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA AND TENNIS COURTS IT APPEALS TO SERIOUS LONG TERM AND SHORT TERM TENANTS. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. THE AREA IS SERVED BY EXCELLENT SCHOOLS, INCLUDING ABRAHAM LINCOLN ELEMENTARY AND PALM DESERT HIGH SCHOOL, MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S THE PERFECT ADDITION TO ANY PORTFOLIO, WHETHER YOU'RE JUST STARTING INVSTIONG OR LOOKING TO EXPAND. THIS PROPERTY QUALIFIES FOR STANDART FHA, VA AND CONVENTIONAL FININCING IF OWNER OCCUPIED.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Patio
Site Amenities
- Laundry Facilities
- Pool
- Spa
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $3,255 CAD | - |
| 3+2 | 2 | $4,528 CAD | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 624-330-001 | Improvements Assessment | $1,924,111 CAD |
| Land Assessment | $481,027 CAD | Total Assessment | $2,405,138 CAD |
Property Taxes
Parcel Number
624-330-001
Land Assessment
$481,027 CAD
Improvements Assessment
$1,924,111 CAD
Total Assessment
$2,405,138 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
KIMBERLY RANGELL, BROKER
42995 Park Pl
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