Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    82451 John Nobles Avenue, Indio, CA 92201
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    82451 John Nobles Avenue
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    • MLS#: IV24170406 ( Apartment )
    • Street Address: 82451 John Nobles Avenue
    • Viewed: 10
    • Price: $6,595,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1980
    • Bldg sqft: 0
    • Days On Market: 155
    • Additional Information
    • County: RIVERSIDE
    • City: Indio
    • Zipcode: 92201
    • Provided by: LE INVESTMENT GROUP
    • Contact: ALBERT ALBERT
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      The property possesses an extremely attractive unit mix of large two story townhouse style units. The Property is composed of Sixteen (16) Large Three Bedroom units, and (8) Oversized Four Bedroom units. ProForma CAP Rate of 6.40%. ProForma CAP Rate is based on rental increase Year 2. Offering actual CAP rate of 6.00%. ProForma GRM of 9.97 with a current GRM of 10.44 Property being offered at a below market cost per square footage. Comparable sold properties in the Submarket areas are currently being trading at $325.81/SF. Subject property is priced below replacement costs. The buildings currently operates at 100% occupancy. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region.
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    Features
    Building Area Total
    1. 25200.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Days On Market
    1. 59
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Heating
    1. None
    Insurance Expense
    1. 0.00
    Laundry Features
    1. Washer Hookup
    Laundry Income
    1. 600.00
    Levels
    1. Two
    Lot Features
    1. 2-5 Units/Acre
    Netoperatingincome
    1. 395994.00
    Number Of Separate Electric Meters
    1. 24
    Number Of Separate Gas Meters
    1. 24
    Number Of Separate Water Meters
    1. 24
    Parcel Number
    1. 614120002
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 421266153:CRM
    Totalexpenses
    1. 204452.00
    Trash Expense
    1. 0.00
    Views
    1. 10
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1980
    Year Built Source
    1. Public Records
    Zoning
    1. R3
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836