Property Details

TITLE:
Prime Golf Course Palm Desert Furnished Condo
CONTROL:
Exclusive
VALUE:
$539,000
LOAN:
$0
EQUITY:
$539,000
TYPE:
Homes/Condos
HAVE:
Location! Location! Location! Amazing location at the Oasis Golf CC in Palm Desert, CA. Gated community w/18-community pool s & spas, tennis, pickleball, gym, restaurant/bar. Investment Prop or Vacation home. Specs: 2/2 - 1384 sq ft - 1999 Built
ADDRESS:
76747 Minaret Way, Palm Desert, California
BENEFITS TO NEW OWNER:
Rents a year in advance. Furnished, New flooring, new HVAC, 2 car garage attached. High Demand and new development brings workforce for summer rentals. ST Rental permitted w/27 days min.
GROSS SCHEDULED INCOME:
$47,685 Actual
VACANCY LOSS:
$3,000
GROSS EFFECTIVE INCOME:
$44,685
EXPENSES:
$11,150
NOI:
$33,535
DEBT SERVICE:
$0
CASH FLOW:
$33,535
CAP RATE:
6.22%
BENEFITS SOUGHT:
small stable business Laudromat, etc. RV Park, Mobile homes, preferably outside of CA.
CAN ADD:
seller financing, paper, note, other properties, modular structures/offices of all sizes.
REMARKS:
Fabulous Location, investment property or 2nd home
COUNSELOR:
Celine Cloutier
Keller Williams
16431 Wimbledon Lane
Huntington Beach, California, 92649
Phone: 8058073708
Cell: 8058073708