This Multifamily Property is no longer advertised on LoopNet.com.

202 S Palm Dr
Blythe, CA 92225
BLYTHE TRIPLEX, 13.30% CAP!! · Multifamily Property For Sale · 3 Units

INVESTMENT HIGHLIGHTS

  • BEAUTIFUL TRIPLEX IN LOW VACANCY, UNDERBUILT, RISING RENT MARKET
  • $36,000 ANNUAL GROSS INCOME, AND A 13.30% CAP RATE, AT MARKET RENTS ACCORDING TO NEARBY RENT COMP
  • $28,800 ANNUAL GROSS INCOME, AND A 10.17% CAP RATE AT UNDERCHARGED ACTUAL RENTS

PROPERTY FACTS

No. Units 3
Property Type Multifamily
Lot Size 0.15 AC
Building Size 1,800 SF
No. Stories 1
Year Built/Renovated 1985/2022

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 - -

ZONING

Zoning Code R3
  • Listing ID: 26501992

  • Date on Market: 8/27/2022

  • Last Updated:

  • Address: 202 S Palm Dr, Blythe, CA 92225