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For SaleLuxury

$1,695,000

24,394 sqft$69/sqft146 days on market

2200 E Sahara Road

Palm Springs, CA 92262

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

24,394

Square feet

1956

Built

Listing narrative

Description

We are pleased to present Sahara Road Apartments, a 10-unit multifamily investment opportunity located at 2200 E Sahara Road in the desirable Desert Park Estates neighborhood of Palm Springs, California. Situated on an expansive ±0.57-acre lot, the property offers investors the opportunity to acquire a stabilized, pride-of-ownership asset in one of the Coachella Valley's most established and desirable rental markets. Sahara Road Apartments consists of (4) one-bedroom / one-bathroom units and (6) studio units and is 100% occupied. The community features desirable single-story construction, attractive open floor plans, and well-maintained interiors that have been updated throughout the years of ownership. This true pride-of-ownership asset offers investors a stabilized investment opportunity with strong occupancy and an attractive resident environment. Residents enjoy a highly amenitized living environment featuring a swimming pool, gated dog park area, lush landscaped grounds, and an on-site laundry facility. Additionally, seven units feature private grass yards and three units feature private patios, further enhancing tenant appeal. The property is individually metered for electricity, while ownership currently pays water, sewer, trash, and gas. Additional operational features include two water heaters and a variety of electric cooling systems throughout the property, including central air conditioning, mini-split systems, and wall-mounted A/C units. Ideally located near Downtown Palm Springs, Palm Springs International Airport, major retail corridors, restaurants, and entertainment destinations, Sahara Road Apartments presents investors with the opportunity to acquire a well-maintained multifamily asset offering strong in-place occupancy, desirable amenities, and long-term investment potential within a highly sought-after Palm Springs location. Please do not disturb tenants. Interior Inspection of units is subject to an accepted offer.

Listing agent (MLS): Gisele Pinedo · Listing brokerage (MLS): MARCUS & MILLICHAP

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,695,000

Beds

Beds n/a

Type

Condo

Home Size

24,394 sqft

Baths

Baths n/a

Lot Size

0.56 acres

Year

1956

Neighborhood

Desert Park Estates

Status

For Sale

Days on Market

146

$ / Sqft

$69

· 8% down, 7% APR, 30yr fixed
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Courtesy of MARCUS & MILLICHAP