Description
100% occupied busy strip mall located in Desert Hot springs off Palm Dr nearby the Mineral Springs Hotel, the plaza has long term popular anchor tenant Kamlun. Seller willing carry financing with 35% down at 4%-5%. Generous upside on rents could generate a possible 8%+ cap rate.
$895,000
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:
School Ratings & Info
Listing Agent(s): Nathan Diones of Regioncy Real Estate (800-793-4249) and Maria Adair of ()
Description
100% occupied busy strip mall located in Desert Hot springs off Palm Dr nearby the Mineral Springs Hotel, the plaza has long term popular anchor tenant Kamlun. Seller willing carry financing with 35% down at 4%-5%. Generous upside on rents could generate a possible 8%+ cap rate.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-27T11:30:14.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Choice Real Estate. Licensed in the State of California, USA.