Asking Value:
$1,150,000
Gross Income:
$80,236
Value/Sq. Ft.:
$220.00
NOI:
$52,197
Constructing SF:
5,231
FF&E:
N/A
Yr Constructed:
1969
7-Unit Multi-Household with Nice Money Movement & No Emptiness
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Valuation Report
Property Description
Worthwhile Multi-Household Excellently Positioned in Resort City of Palm Springs, CA
KW Business is proud to current a 7-unit multi-family funding property with
sturdy money stream within the coronary heart of the resort city of Palm Springs, CA. The tenants are long-term and month-to-month; starting from 1 12 months to five years.
The rents for 2020 are projected to be $80,236 (which incorporates $1,00Zero from the
Laundry Room). Working bills are estimated to be $28,039 based mostly on 2019
bills ($13,719) and property taxes based mostly on a $1.15 million valuation ($14,320).
Thereby, producing a Web Working Earnings of $52,197 for the brand new proprietor.
Connected Paperwork
Gross sales Brochure 1900 E Ba…
Detailed Data
- Location:
- Palm Springs, CA
- Sort:
- Multi-Household
- Constructing SF:
- 5,231
- Constructing Standing:
- Established
- Amenities:
- The property contains one Studio, 5 1-bedroom with 1-bath, and one 3-bedroom
with 2.5-bath. The Property gives tenants a pool and a small laundry room. The proprietor
has spent $50,00Zero during the last three years bettering the Property. The one laundry
room is shared by 5 tenants. Models 1 and 6 every have their very own hookups for a
washer and dryer. - Present Property Bills:
- $28,039
- Location Description:
- The Property is positioned within the Dawn Park neighborhood of Palm Springs, throughout the road from the Palm Springs Excessive College and library, simply minutes from loads of retail and buying, and quick drive to the airport.
- Enterprise Web site:
- http://buildout.com/web site/582557-sale
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Property
Listed By:
Christopher Parrino
KW Business – La Mesa
Present Cellphone Quantity
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