$16,500,000
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56,800 SqFt
SOLD DATE : 06/29/2023
Key Details
Sold Price $16,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 56,800 sqft
Price per Sqft $290
Subdivision Indian Palms (31432)
MLS Listing ID SW22131511
Sold Date 06/29/23
HOA Y/N No
Year Built 2022
Lot Size 4.800 Acres
Acres 4.8
Property Description
Welcome to Aspire a 32 unit condo project located in the beautiful, gated community of Indian Palms Country Club. Aspire is a community of 1 Duplex and 10 triplexes, all single-story. There are three floorplans ranging from 1,665 sf 3 beds/2baths to 1,882 sf 3 or 4 beds, 2 baths. Amenities exclusively for Aspire include a pool, spa, shade structures, 1/4 mile walking path, desert garden, private backyards, covered patios and much more. Interiors feature 9 foot ceilings, vinyl plank flooring, real wood cabinets, quartz counters, LED lighting, paid solar and stainless steel appliances. Amazing opportunity to own 32 long-term, seasonal or short term rentals. Located less than 1 mile from Empire Polo Club, Coachella and Stage Coach where all the music festivals are held. Tenants could walk or bike to the festivals in a few minutes. First phase construction of 17 homes will be completed in Sept 2022. Second phase construction of 15 homes will be completed late 2022 or early 2023. Call for your showing!
Location
State CA
County Riverside
Area 314 - Indio South Of East Valley
Rooms
Ensuite Laundry Laundry Room
Interior
Interior Features All Bedrooms Down
Laundry Location Laundry Room
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Pool Community, Association
Community Features Biking, Golf, Pool
Utilities Available Cable Available
Amenities Available Clubhouse, Fitness Center, Outdoor Cooking Area, Pool, Spa/Hot Tub, Tennis Court(s)
View Y/N Yes
View Mountain(s)
Roof Type Concrete
Parking Type Garage
Total Parking Spaces 2
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction Yes
Others
Senior Community No
Tax ID 614351021
Acceptable Financing Cash to New Loan
Green/Energy Cert Solar
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Josh Kaplan • Transwestern Property Company West, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States