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46211 Jackson Street, Indio, CA 92201

$11,000,000

  • Sold
  • Closed
  • Multi-Family
46211 Jackson Street, Indio, CA 92201 View this property at 46211 Jackson Street, Indio, CA 92201
46211 Jackson Street Indio CA 92201

Map & Location

Property Description

First Team Commercial is pleased to exclusively present the Desert Oasis Apartments. This 90 unit offering located in Indio, California is situated on a sizable and well-maintained 4.2 acre lot. It consists of (4) one bedroom, (28) two bedroom, (48) three bedroom, and (10) four bedroom garden style apartments. This property offers the new owner an opportunity to obtain a strong asset in the fastest growing area of the Coachella Valley. Desert Oasis is an affordable apartment community which has a project-based Section 8 HUD contract in place. The current Section 8 contract became effective on January 01, 2012 and expires December 31, 2031. Desert Oasis is well positioned to capitalize on the current economic growth and redevelopment of
Indio, as well as the forecasted growth and population increase of Indio and the outlying Palm Springs area.

Full Property Details for 46211 Jackson Street

  • Sold For: $11,000,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: PW16755544
  • Added: 380 day(s) ago

Property History

  • 46211 Jackson Street, Indio, CA
  • Sold at $11,000,000 on 4/4/17
  • Listed at $10,800,000 on 11/30/16

Interior

  • Fireplace(s): Kitchen

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Lighting

Parking

  • Parking Features: Gated
  • Parking: Gated

Location

  • Area: 314 - Indio South of East Valley
  • County: Riverside
  • Development Name: 314 - Indio South of East Valley
  • Driving Directions: South of the I-10 Freeway and immediately South of California 111 Highway

Utilities

  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 90

Structural Information

  • Entry Location: Ground
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 84,060
  • Year Built: 1974

Unit Information

Unit 1

  • Number of Units: 4
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 28
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 48
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 4

  • Number of Units: 10
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size Source: Assessor
  • Zoning: R-3
  • Lot Description: Greenbelt

Financial Considerations

  • Price Per Sq. Ft.: $130.86

Listed by First Team Real Estate, Sarah Martin and Wendy Smith

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46211 Jackson Street, Indio, CA 92201 (MLS# PW16755544) is a Multi-Family property that was sold at $11,000,000 on April 04, 2017. Want to learn more about 46211 Jackson Street? Do you have questions about finding other Multi-Family real estate for sale in Indio? You can browse all Indio real estate or contact a Coldwell Banker agent to request more information.

Listed by First Team Real Estate, Sarah Martin and Wendy Smith