
Courtesy of: Lynda Adams, Power Real Estate, adalyn246@AOL.COM
$459,000
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Other
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$459,000
57405 Primrose **Watch the Video Above!** **Property Summary** **Projected Net Operating Income (NOI):** $103, 000 – $117, 000 per year **Value Range (5.5% – 6.5% Cap Rate):** $1.59 million – $2.13 million ?? **Why This Deal Works:** - 7 income-producing units - New construction offers premium rents and low maintenance - Located in a high-demand rental corridor - Just minutes away from Joshua Tree National Park, shopping, transit, and the library - Builder's loss equals your gain!! - **See supplements in the listing for more details** This property includes 2 duplexes and 1 triplex, totaling 7 units. Each unit features 2 bedrooms and 2 bathrooms, with approximately 1, 100 square feet of living space. All permits and surveys are completed! making this project shovel-ready. **Projected Rental Income:** - Low: $1, 850/month × 7 units = $12, 950/month - Mid: $1, 950/month × 7 units = $13, 650/month - High: $2, 100/month × 7 units = $14, 700/month ?? **Value Range (5.5% – 6.5% Cap Rate):** $1.59 million – $2.13 million!! This property includes 2 duplexes and 1 triplex, totaling 7 units. Each unit features 2 bedrooms and 2 bathrooms, with approximately 1, 100 square feet of living space. All permits and surveys are completed, making this project shovel-ready. The location is ideal, situated just 10 minutes from Joshua Tree National Park. **Annual Gross Income:** $155, 000 – $176, 000**Property Summary** PROJECTED NOI $103K – $117K/yr
Courtesy of: Lynda Adams, Power Real Estate, adalyn246@AOL.COM
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