7th Street Apartments

66327 7th St Desert Hot Springs, CA

Status:

Sold

Close of Escrow: 12/23/2020

Total Number of Units: 6

Year Built: 1960

Sale Price: $360,000

Price per Unit: $61,667

Price per Square Foot: $148.00

CAP Rate: 6.78%

GRM: 8.33

Unit Type

Multifamily

No. of Units

6

Located 12 miles (20 mins) from Downtown Palm Springs, 25 miles from the Coachella Valley, 2 major touristic areas, proposing a multitude of cultural activities such as The Palm Springs International Film Festival, the Modernism week, the Coachella Music Festival and the Stagecoach Music Festival.