Arabia Street Apartments

46517 Arabia St Indio, CA



Close of Escrow: 04/15/2021

Total Number of Units: 7

Year Built: 1964

Sale Price: $725,000

Price per Unit: $103,571

Price per Square Foot: $159.69

CAP Rate: 7.01%

GRM: 9.02

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Le Investment Group is pleased to present the Arabia Street Apartments in Indio. Located only 25 minutes from Downtown Palm Springs (15 Miles). The surrounding desert communities have witnessed a large increase of tourist numbers in the past decade. The 6 unit plus 1 non-conforming studio Indio Apartment is situated on a 0.35-acre lot.