Cathedral City North (335) Homes with Apartment Subtype

Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant gem nestled in the heart of Riverside County, California. This inviting community is known for its stunning desert landscapes, breathtaking mountain views, and a warm, sunny climate that beckons residents and visitors alike. Just a stone's throw from the bustling Palm Springs area, Cathedral City North offers a perfect blend of tranquil suburban living and easy access to urban amenities.

The real estate landscape in Cathedral City North is diverse, with a particular emphasis on homes featuring apartment subtypes. These properties are ideal for those seeking multi-family living arrangements, offering a unique opportunity for investment or the perfect setup for extended families. Many of these homes boast spacious layouts, modern amenities, and private outdoor spaces, allowing for both comfort and convenience.

Living in Cathedral City North means enjoying a rich array of recreational activities and cultural experiences. The area is home to numerous parks, hiking trails, and golf courses, catering to outdoor enthusiasts of all levels. Additionally, the vibrant local arts scene, shopping districts, and dining options provide endless entertainment and exploration opportunities.

Whether you're looking to invest in a multi-family home or seeking a cozy residence for your family, Cathedral City North is a fantastic choice. With its welcoming community, stunning scenery, and diverse real estate options, this region is poised to offer a fulfilling lifestyle for years to come. Discover the charm of Cathedral City North today and see why so many are proud to call this area home!

Newest Cathedral City North (335) Homes with Apartment Subtype

$1,800,000
PW26156345 MLS ⋅ Active Status
We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

37250 Bankside Drive, Cathedral City
Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.