561 Highland Drive, Palm Springs, CA 92264

Property Description

Prime Investment Opportunity and Entire City Block for Sale! 32 Units Across Three Multi-Family One-Story Buildings. 579, 561, and 509 S. Highland sold collectively as a package for $6,995,000. Key Features: 509: 17 units all 1 bedroom 1 bath with 1 reserved as a managers unit. 561: 5 units all 1 bedroom 1 bath. 579: 10 units 2- 2 beds, 7 1 beds and 1 studio Swimming Pools: Each building has a brand-new pool with permits, new plumbing, new electrical, new plaster, and designer tile. Pools are SOLAR heated. Private Patios: Almost all units feature private patios, offering tenants their own personal outdoor space. Modern Amenities: Updated retro fitted windows are in all buildings, essential for energy efficiency in the desert climate. Conveniences: On-site laundry facilities and trash pickup for all buildings. Secure Entry: All buildings have keypad secure safe entry system. Parking: Ample parking available for all tenants and guests. Landscaping: Freshly landscaped grounds provide an attractive, low-maintenance environment. Proximity: Located near great eateries and shopping, lovely parks, and golf courses and bus stops. Convenient access to the airport ensures easy travel. Economies of Scale - has massive upside thanks to high key count providing opportunity to raise rents and maximize ROI.