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    81730 Us Highway 111 , #6

    Indio, CA 92201
    • $1,600,000
    • STATUS: Active
    • ON SITE: 390 days
    • ID#: 219033051PS
    UPDATED: 71 min ago
    $1,600,000
    • 0
      BEDS
    • 0.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    . Well established building with many long term tenants. Front units are modified gross. Almost fully rented. Many improvements to building in last year. New roof, several new A/C units, new flooring in several units and all trim painted. Security cameras installed and gates upstairs. Large parking lot in back of building. Extra lot 60x 100, adjacent to it, included, which is zoned commercial as well.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T08:25:21.503. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coastal Group. Licensed in the State of California, USA.

    www.hartcoastal.com/homes/100495745
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    81730 Us Highway 111 , #6 Indio, CA 92201

    • Price: $1,600,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: 219033051PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.84
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Riverside
    Area:
    699 - Not Defined
    Property Description
    . Well established building with many long term tenants. Front units are modified gross. Almost fully rented. Many improvements to building in last year. New roof, several new A/C units, new flooring in several units and all trim painted. Security cameras installed and gates upstairs. Large parking lot in back of building. Extra lot 60x 100, adjacent to it, included, which is zoned commercial as well.
    Exterior Features

    Lot Features Sprinkler SystemSprinklers Timer Lot Size Units Square Feet Roof ClayTile

    Interior Features

    Heating Forced Air Heating YN Yes Office Square Footage 0 Office Square Footage Max 0 Office Square Footage Min 0

    Property Features

    Asset Class Office Building Name Granada Building Building Status Existing Business Type Professional/OfficeMulti-Tenant Cap Rate 8.00 Effective Gross 12000 Equipment Value 0 Expense Year 2018 Gross Operating Income 0.00 Industrial Square Footage 0 Industrial Square Footage Max 0 Industrial Square Footage Min 0 Insurance Expense 33000.00 Inventory Value 0 Investment Property YN Yes Land Use OfficeRetail Maintenance Expense 10000.00 Net Operating Income 144000.00 Personal Property Amount 10000 Property Sub Type Commercial/Residential Retail Square Footage 0 Special Listing Conditions Standard Sprinklers YN Yes Tax Year 2018 Total Monthly Rent 15000 Utilities Underground Utilities Vacancy Allowance 5 Zoning C-O

    Listing provided courtesy of Dale Furman of Orangehill Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T08:25:21.503. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coastal Group. Licensed in the State of California, USA.

     
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    Hart Coastal Group
    57 Via Zaragoza
    San Clemente CA, 92672