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2080 S Camino Real
USD 2,750,000
Property ID: 219104526PS
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2080 S Camino Real ,92264
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icon 21780 SqFt
icon Built in 1958
icon USD 126/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
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Interior Size
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Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1958
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Detailed Introduction Of This Home
The Firm Brokerage is pleased to offer this 11 unit apartment complex for sale in the beautiful Twin Palms neighborhood of Palm Springs! Located at 2080 S Camino Real, Canyon Villas sits on 1⁄2 an acre in South Palm Springs and offers amazing panoramic views of the San Jacinto Mountains along with close proximity to downtown and the curve district. The unit mix includes (1) studio, (7) one bedroom units, (2) two bedroom units, and (1) three bedroom unit with only a single vacancy! This property has been very well maintained and offers dedicated on-site parking to each tenant, a beautiful interior courtyard with a shared pool, and private patios. The interiors have been updated with quality finishes and are well maintained. Canyon Villas has historically had very good occupancy rates, with most of the current tenants having been renting for 3+ years. Rents are currently below market and the new owner would have the opportunity to increase the NOI, as we have seen steep increases in rental rates over the past 36 months. This is a great opportunity to purchase a near fully leased, income producing asset in the Palm Springs market with very little deferred maintenance. Reach out to Listing Agent for more information and please do not disturb tenants.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (27)
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2080 S Camino Real
USD 2,750,000 0 Beds
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