Arabia Street Apartments
46517 Arabia St Indio, CA
Status:
Sold
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
Unit Type
Multifamily
No. of Units
7
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.
