Property · 2 recorded sales since 2012
Listing Agent: ALEXANDER GARCIA (DRE #01072982) · Listing Office: MARCUS & MILLICHAP · Contact: 909-456-3400 · Bought with: ALEXANDER GARCIA · MARCUS & MILLICHAP · MLS #CV16060798 · Source: CRMLS
10-unit apartment community located at 32531 Date Palm Drive in Cathedral City, CA. The property was constructed in 2004 and features spacious two- and three-bedroom floorplans, each with its own detached single-car garage. This is a pride of ownership property that is turnkey for a new owner. This property can be purchased individually or together with another turnkey 10-unit apartment community located at 33015 Date Palm Drive. The unit mix consists of eight 2 Bedroom/2.5 Bath units and two 3 Bedroom/2 Bath units. Six of the units are two-story townhouse style units. The other four units are single-story. Each unit is directly metered for gas and electricity. Interior amenities include a full-size washer and dryer in each unit, central air conditioning and heating, gas fireplace, and kitchen equipped with refrigerator, range, dishwasher, and built-in microwave. Community amenities include gated access, swimming pool, spa, and attractive landscaping. The landscaping at the property was recently made more drought tolerant by replacing certain sections of grass with drought tolerant plants. The property remarkably has a very low annual turnover.
Listing description from the June 2016 sale, as reported to CRMLS.