-200 E Francis, Palm Springs, CA 92262 (MLS# 15845445)

-200 E Francis, Palm Springs, CA 92262

$3,375,000
Property Type: Commercial Sale Lot Size (sq. ft.): 92,347 Status: Closed
Current Price: $3,375,000 List Date: 7/26/2011 Last Modified: 1/02/2025

Overview

Description

The Towers Condominium was completed in 2007, 20 units, with an approved parcel for 10 more. This is a Short Sale subject to Bank approval for all terms and conditions. Units curently leased, do not disturb tenants. See property summary attached

Listing Details MLS# 15845445

General Property Information

Lot Acres
2.12
Year Built
2007
Cross Streets
N. Indian Canyon

Property Features

Sale Type: Standard

Listing Location and Property Info

APN
501046031
Original List Price
3600000
Street #
-200
Street Direction
E
Street Name
Francis
County
Riverside
State
CA
Zip Code
92262
Area
331 - Palm Springs North End

Property Info

Building Status
Existing

Status Change Info

Status Change Date
2011-10-04
Pending Date
2011-08-29
Closed Date
2011-10-04
Closed Price
3375000

Income

Gross Monthly
275000
Gross Schedule Rents
0
Laundry Income
0

More Information

Business Info

Cap Rate
4.76
Financing Available
No
Investment Property
Yes
Laundry Equipment
No
Vacancy Allowance Type
$
Year Established
2007
Vacancy Allowance
0

Listing, Location and Property Info

Entry Date
2011-07-26

Expenses

Annual Advertising Expense
0

Sale Type

Standard
Yes

Parking Spaces/Information

Park Name
Realty Trust
Listing Office: Realty Trust
Listing Agent: Scott Timberlake
Last Updated: January - 02 - 2025
Information deemed reliable but not guaranteed.
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