Properties
Indio, CA 92201 82451 John Nobles
$5,695,000
24 more
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Baths • 2
SQFT • 25,200
Home Details
TRUE +7% CAP - John Nobles Townhomes - Multi-Family - Current CAP Rate of 7.13%, ProForma CAP Rate of 7.74%. All units have been fully renovated & re-tenanted at market-rate rents across the property. / All Two-Story Townhouse Style Units - Unparalleled unit mix of (16) 3 Bed 1.5 Bath townhomes & (8) 4 Bed 2 Bath townhomes. / Over $1,000,000 in recent capital improvements, including all new roofing, HVAC unit replacements, full interior and exterior renovations. The John Nobles Apartments, a freshly renovated 24-unit apartment complex located in sunny Indio, CA. Built in 1980, the apartments are located on a 1.280 acre lot. The two buildings are composed of Sixteen (16) Three-Bedroom units & Eight (8) Four-Bedroom units, all featuring a spacious & comfortable 2-story townhome design. Amenities include onsite parking, essential appliances in each unit & private vinyl-fenced backyards.
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Interior Features for 82451 John Nobles
Other Interior Features
Common WallsTwoCommonWallsOrMore
Heating Y/NNo
Laundry FeaturesWasherHookup
Total Stories2
Other Rooms
Entry Level1
General for 82451 John Nobles
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate7.13
CityIndio
Community FeaturesSidewalks
CountyRiverside
DirectionsFrom I-10, take Monroe St south, turn left on Avenue 82, then turn right on John Nobles Ave to the property on the right.
Electric Expense720
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income637400
HeatingNone
Insurance Expense21181
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet55757
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
Net Operating Income405958
New ConstructionNo
Number Of Units Total24
Operating Expense199871
Pool FeaturesNone
PostalCityINDIO
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot1
Taxes$69,117
Trash Expense11520
Water Sewer Expense5300
Year Built1972
Year Built SourcePublicRecords
Exterior for 82451 John Nobles
Building Area Total25200
Lot FeaturesTwentyOneToTwentyFiveUnitsAcre
Lot Size Acres1.28
Lot Size Area55757
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters24
Number of Separate Gas Meters24
Number of Separate Water Meters24
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
