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SAHARA ROAD APARTMENTS

2200 E Sahara Rd, Palm Springs, CA 92262

  • A 10-unit multifamily investment opportunity located in the desirable Desert Park Estates neighborhood of Palm Springs

  • Situated on an expansive ±0.57-acre lot (approximately 24,800 square feet)

  • Desirable unit mix consisting of (4) one-bedroom / one-bathroom units and (6) studio units

  • 100% occupied pride-of-ownership asset offering a stabilized investment opportunity

  • Single-story community featuring attractive open floor plans and well-maintained interiors with updates completed throughout ownership

  • Seven units feature private grass yards and three units feature private patios

  • Resort-style amenities include a swimming pool, gated dog park area, lush landscaped grounds, and an on-site laundry room

  • Individually metered for electricity; ownership currently pays water, sewer, trash, and gas; property is served by two water heaters

  • Conveniently located near Downtown Palm Springs, Palm Springs International Airport, shopping, dining, and entertainment amenities

Gisele Pinedo
Associate Director Investments
C: 818.268.4325 | D: 909.456.3477
Marcus & Millichap

 
Exclusively Listed:

Property Type:

Apartment

Price:

$1,750,000

Units:

10

Cap Rate:

5.62%

Year Built:

1956

Location:

PROPERTY GALLERY

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