Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

5

Building size

8,000 sqft

Lot size

27,878 sqft

Year built

2022

Stories

2

Garage spaces

10

Heating

None

Cooling

Central Air

Pool

In Ground,Community

View

Mountain(s),City Lights

Status

Active

Days on market

59

MLS #

244849079

About this property

Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential long-term tax benefits.

Location

68980 Via Eytel

Cathedral City, Riverside, CA, 92234