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82489 Valencia AVE Indio, CA 92201
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Key Details
Sold Price $112,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Gillette Park
MLS Listing ID 219074903DA
Sold Date 04/13/22
HOA Y/N Yes
Property Description
■Proposed 4-unit development■Break ground quickly on your next multifamily development■Overlooking Miles Avenue Park■Easy access ■Close to YMCA and College of the Desert's new Indio campus■The city of Indio has consistently seen year over year rent growthThis an incredible opportunity to acquire a fully entitled multifamily development site. Indio has consistently seen YoY rent growth and cap rate compression in the multifamily sector. The multifamily market is on fire. Save several months of time on your next multifamily development by having all the entitlements taken care of.
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Fireplace No
Exterior
View Y/N Yes
View Park/Greenbelt
Building
Sewer Unknown
Others
Senior Community No
Tax ID 611056010
Financing Cash
Special Listing Condition Standard
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Bought with Susan Harvey • Desert Pacific Properties