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We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

PW-26156345 MLS

We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

37250 Bankside Drive, Cathedral City

Let’s be honest—you’re not reading this to hear about “natural light” or “open floor plans.” You saw the photos. You know it’s a great deal. But wait—there’s more! This 3-bedroom, 2-bathroom home not only has four walls and a roof (included as is at no extra cost!), but also features a backyard that isn’t shared with strangers. Did I mention that is has solar? Talk about savings! Located in the Cathedral City Cove neighborhood and about a 10-minute drive from Palm Springs. The Aguas Caliente casino is a brisk 12-minute walk or a quick 4-minute drive. Enjoy a spacious backyard perfect for barbecues, dog zoomies, or quietly judging your neighbors. Act now and you’ll also get a fully functional kitchen and some appliances—all for one low monthly mortgage payment! Call today—operators (aka, me) are standing by! So quit overanalyzing and come see it. You’ll probably love it. SELLER WILLING TO INSTALL BRAND NEW AC CONDENSER UNIT BY CLOSE OF ESCROW!

3 Beds ⋅ 2 Baths ⋅ CV-26130293 MLS

Let’s be honest—you’re not reading this to hear about “natural light” or “open floor plans.” You saw the photos. You know it’s a great deal. But wait—there’s more! This 3-bedroom, 2-bathroom home not only has four walls and a roof (included as is at no extra cost!), but also features a backyard that isn’t shared with strangers. Did I mention that is has solar? Talk about savings! Located in the Cathedral City Cove neighborhood and about a 10-minute drive from Palm Springs. The Aguas Caliente casino is a brisk 12-minute walk or a quick 4-minute drive. Enjoy a spacious backyard perfect for barbecues, dog zoomies, or quietly judging your neighbors. Act now and you’ll also get a fully functional kitchen and some appliances—all for one low monthly mortgage payment! Call today—operators (aka, me) are standing by! So quit overanalyzing and come see it. You’ll probably love it. SELLER WILLING TO INSTALL BRAND NEW AC CONDENSER UNIT BY CLOSE OF ESCROW!

68577 C, Cathedral City