Description
We are please to present Las Montanas, a 19 Unit (18+1) apartment community well located in Palm Springs approximately one mile to the boutique shops and restaurants of Downtown. Located across the street from the Margaritaville Resort, the property features an excellent unit mix of Fourteen (14) single story 2 Bed / 2 Bath, Four (4) Single Story 1 Bed / 1 Bath, and one (1) Non Conforming 2 Bed / 1 Bath units. With a robust average unit size of 992 SF, the asset is 100% occupied with significant rental upside of approximately 58% of the in-place rents. This will allow a future owner to acquire an asset with significant upside in one of the best locations of Palm Springs.
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0BEDS
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0.97ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are please to present Las Montanas, a 19 Unit (18+1) apartment community well located in Palm Springs approximately one mile to the boutique shops and restaurants of Downtown. Located across the street from the Margaritaville Resort, the property features an excellent unit mix of Fourteen (14) single story 2 Bed / 2 Bath, Four (4) Single Story 1 Bed / 1 Bath, and one (1) Non Conforming 2 Bed / 1 Bath units. With a robust average unit size of 992 SF, the asset is 100% occupied with significant rental upside of approximately 58% of the in-place rents. This will allow a future owner to acquire an asset with significant upside in one of the best locations of Palm Springs.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T23:33:20.937. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.