81730 Us Highway 111 , #6

    Indio, CA 92201
    • $1,600,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 219033051
    UPDATED: 57 min ago
    $1,600,000
    • 0
      BEDS
    • 0.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    . 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.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2019-11-22T10:35:15.587. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.bradschmett.net/homes/100486359

    81730 Us Highway 111 , #6 Indio, CA 92201

    • Price: $1,600,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 219033051
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.84
    Acres
    Neighborhood:
    311 - Indio Central
    County:
    Riverside
    Area:
    311 - Indio Central
    Property Description
    . 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.
    Exterior Features

    Entry Floor Number 1 Lot Features Sprinkler SystemSprinklers TimerWalk Street Total Parking Spaces 0.00

    Interior Features

    Heating Type Forced Air

    Property Features

    Asset Class Office Building Name Granada Building Building Status Existing Business Info Investment Property Yes Business Info Office Type Multi Tenant Business Info Year Established 1979 Cross Streets Granada Electric Standard Expenses Annual Electric 18000.00 Expenses Annual Insurance 33000.00 Expenses Annual Maintenance 10000.00 Expenses Total Monthly Rent 15000.00 Financing Details CashOwner May CarryOwner Will CarrySubmit Income Effective Gross 12000.00 Income Gross Monthly 15000.00 Income Net Operating 144000.00 Land Use OfficeRetail Listing Terms ConventionalOwner May CarryOwner Will Carry Ownership Type Sole Proprietor Property Sub Type Combo - Res & Com Property Tax Expense 17897.00 Property Tax Year 2018 Sale Type Standard Security Safety Other Utilities Underground UtilitiesWater Meter On Property Water Water District Zoning C-O

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Dale Furman of Orangehill Realty.
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2019-11-22T10:35:15.587. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Brad Schmett Real Estate Group
    760-880-5845
    La Quinta and Palm Springs CA,