32115 Rancho Vista Dr, Cathedral City, CA 92234

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Building Details:

• Year Built: 1989

Marcus & Millichap is pleased to exclusively present two separate apartment four-unit buildings, totaling eight units, located in Cathedral City. Each unit also includes detached garages located in the entry way of both buildings. Each unit is separately metered for gas and electricity with individual hot water heaters.

Priced at just $95 per foot and $115,000 per unit this investment is an excellent value. Currently, all tenants are paying below market rent. This investment is well-positioned for the added value investor or local investor in the market. A new investor can easily step into this asset and achieve significant cash flows.

This investment is centrally located in the Coachella Valley, a short distance from both Palm Springs and Rancho Mirage. Additionally, it is within walking distance to a significant selection of retail including upscale restaurants, boutique shops, car dealerships and more. It is in the heart of the historic redeveloped downtown center of Cathedral City.

Contact Pablo Rodriguez at 909-456-7032 or pablo.rodriguez@marcusmillichap.com for a full offering memorandum.