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

Bedrooms

10

Lot size

29,621 sqft

Year built

1989

Stories

2

Garage spaces

10

Heating

Central

Pool

In Ground,Community

View

Mountain(s)

Status

Active

Days on market

10

MLS #

247858260

About this property

Opportunity awaits at Canyon View Apartments, a 10-unit multifamily property positioned in the heart of the Coachella Valley. This well-located apartment community offers investors the opportunity to acquire a 10-unit income-producing asset in a desirable Southern California market.The property provides an attractive combination of scale, location, and rental income potential, with convenient access to major employment centers, shopping, dining, entertainment, and the area's renowned resort and recreational destinations.With 10 units under one roof, Canyon View Apartments offers investors the potential for stable rental income, operational efficiencies, and long-term appreciation. The property's location on Cathedral Canyon Drive provides excellent connectivity throughout Cathedral City, Palm Springs, Rancho Mirage, and the broader Coachella Valley.A compelling multifamily opportunity for investors seeking an established 10-unit asset with potential for continued income growth and value creation.Property Highlights10-unit apartment communityEstablished multifamily income streamPrime Coachella Valley locationConvenient access to Palm Springs and surrounding communitiesPotential for rental and operational upsideAttractive opportunity for both experienced and first-time multifamily investors

Location

33350 Cathedral Canyon Drive

Cathedral City, Riverside, CA, 92234