561 Highland DRPalm Springs, CA 92264
Prime Investment Opportunity and Entire City Block for Sale!32 Units Across Three Multi-Family One-Story Buildings. 579, 561, and 509 S. Highland sold collectively as a package for $6,995,000. Key Features:509: 17 units all 1 bedroom 1 bath with 1 reserved as a managers unit.561: 5 units all 1 bedroom 1 bath.579: 10 units 2- 2 beds, 7 1 beds and 1 studioSwimming Pools: Each building has a brand-new pool with permits, new plumbing, new electrical, new plaster, and designer tile. Pools are SOLAR heated.Private Patios: Almost all units feature private patios, offering tenants their own personal outdoor space.Modern Amenities: Updated retro fitted windows are in all buildings, essential for energy efficiency in the desert climate.Conveniences: On-site laundry facilities and trash pickup for all buildings.Secure Entry: All buildings have keypad secure safe entry system.Parking: Ample parking available for all tenants and guests.Landscaping: Freshly landscaped grounds provide an attractive, low-maintenance environment.Proximity: Located near great eateries and shopping, lovely parks, and golf courses and bus stops. Convenient access to the airport ensures easy travel.Economies of Scale - has massive upside thanks to high key count providing opportunity to raise rents and maximize ROI.
- Property Type:
Residential Income
- Architectural Style:
- Bedrooms:
- Bathrooms:
0
- Dwelling Size:
0 SqFt
- Lot Size:
1.87 Acres
- Lot Description:
- Stories:
- Year Built:
1962
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces: 0
Features: Street, Assigned
- Area:
334 - South End Palm Springs
- Views:
Mountain(s)
- Schools:
- HOA:
- Senior Community:
False
- Heating:
Central
- Cooling:
- Appliances:
- Fireplace:
Fireplace(s):
Features: Living Room,Gas Starter
- Accessibility:
- Security Features:
Gated Community
- Foundation:
- Roof: