6450 Athol

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6450 Athol

29 Palms, CA 92277
Asking Price
$225K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in 29 Palms, California.
  • The residential asset consists of two distinct rental units.
  • Property is currently offered for sale at $225,000.
  • Located in a region serving as a desert gateway.
  • Coordinates for the property are 34.1367, -116.0479.

What's Special

The high desert region of 29 Palms serves as a key gateway to Joshua Tree National Park, supporting a distinct rental market driven by military personnel and desert tourism. Positioned at 6450 Athol, this multifamily apartment building offers a stable addition to an investor portfolio within this growing California community. The property features two individual units, providing flexible options for rental housing or long-term investment strategies in a submarket defined by consistent demand for residential space. This asset presents a straightforward entry point for buyers seeking a residential income-producing property in the Inland Empire region. The structure is well-suited for traditional leasing arrangements, capitalizing on the local necessity for housing. With its two-unit configuration, the property functions as a manageable holding for private investors looking to establish or expand their presence in this expanding desert enclave.

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NOI
$80,000
Cap Rate
35.56%
DSCR
5.99
Strong
Cash-on-Cash
98.73%
Monthly Payment
$1,113.177
Annual Cash Flow
$66,641.873

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