Cathedral Towne Villas 36700 Pickfair St Immeuble residentiel 61 lots 11 811 345 € (193 629 €/Lot) Taux de capitalisation 4,77 % Cathedral City, CA 92234

CBRE is pleased to present investors with the opportunity to acquire Cathedral Towne Villas, a gem located within minutes of the Aqua Caliente Casino, in the Cathedral City Cove. This area is the most desired rental market within Cathedral City, promising excellent return on investment. Cathedral Towne Villas was built in 2006 as a 3 story, 61 unit
multifamily building. The property consists of fourteen studios, twenty one 1 bedrooms and twenty six 2 bedroom apartments. Located in the heart of Cathedral City, Cathedral Towne Villas offers every resident a quick walk to everything the town has to offer. Whether you’re looking for retail, restaurants, or even parks to enjoy your day, all of which and more are no more than a moments’ walk away. Some of the apartments at Cathedral Towne offer vaulted ceilings which is a sought after feature for renters. Over 80+ secured parking garage provides the residents with the convenience of parking close to their apartments as well as keeping your car out of the sun. Building amenities include on-site 24 hr laundry room plus pool and spa. Cathedral Towne Villas is a moderate income rental housing complex and is to impose certain affordability covenants on the property. One hundred percent of the residential units will be available to and affordable by persons with moderate income.