$ 3,195,000
73170 Tumbleweed Ln Palm Desert, CA 92260
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$ 3,195,000
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$ 3,195,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240012683
Property Description
The Pines Apartments represents an extremely well-located, value-add apartment complex adjacent to El Paseo in Palm Desert, CA. The property consists of sixteen (16) 1Bedroom/1Bathroom 586 sq ft single-level apartment units, and sits on a 27,878 sq ft parcel. Property amenities include a common area laundry facility, gated community pool, private patios, air conditioning, and sixteen (16) covered surface parking spots. The Pines Apartments offers an investor 45% upside in rents in a fantastic Palm Desert location adjacent and walking distance to El Paseo.
Location
State CA
County Riverside
Area Riv Cty-Palm Desert (92260)
Exterior
Total Parking Spaces 16
Building
Story 1
Lot Size Range .5 through .75 Acres
Others
Space Rent $225,792
Listed by Angelo Joseph La Bruna III • Apartment Realty Group (ARG)