$112,000
$120,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
82489 Valencia AVE Indio, CA 92201
Key Details
Sold Price $112,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Gillette Park
MLS Listing ID 219074903
Sold Date 04/13/22
HOA Y/N No
Property Description
■Proposed 4-unit development
■Break ground quickly on your next multifamily development
■Overlooking Miles Avenue Park
■Easy access
■Close to YMCA and College of the Desert's new Indio campus
■The city of Indio has consistently seen year over year rent growth
This an incredible opportunity to acquire a fully entitled multifamily development site. Indio has consistently seen YoY rent growth and cap rate compression in the multifamily sector. The multifamily market is on fire. Save several months of time on your next multifamily development by having all the entitlements taken care of.
Location
State CA
County Riverside
Area 311 - Indio Central
Exterior
View Y/N true
View Park/Green Belt
Private Pool No
Building
Sewer Unknown
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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