81730
Us Highway 111 6,
Indio,
California
CA
92201-5441
. Well established building with many long term tenants. Front units are modified gross. Almost fully rented. Many improvements to building in last year. New roof, several new A/C units, new flooring in several units and all trim painted. Security cameras installed and gates upstairs. Large parking lot in back of building. Extra lot 60x 100, adjacent to it, included, which is zoned commercial as well.
Primary Features
Property Sub Type:
Commercial/Residential
Property Type:
Commercial Sale
Zoning:
C-O
Interior
Heating:
yes
Heating Type:
Forced Air
External
Number Of Buildings:
1
Roof:
Clay, Tile
Signage:
Sign Freestanding
Location
MLS Area Major:
699 - Not Defined
Additional
Asset Class:
Office
Building Name:
Granada Building
Building Status:
Existing
Days On Market:
1350
Land Use:
Office, Retail
List Agent State License:
01244472
Parcel Number:
616100012
Utilities:
Underground Utilities
Financial
Cap Rate:
8
Effective Gross:
12000
Expense Year:
2018
Insurance Expense:
33000
Investment Property:
yes
Maintenance Expense:
10000
Net Operating Income:
144000
Personal Property Amount:
10000
Special Listing Conditions:
Standard
Tax Year:
2018
Vacancy Allowance:
5
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Listed by: Dale Furman, DRE #01244472 from Orangehill Realty
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