TRUE +7% CAP - John Nobles Townhomes - Multi-Family - Current CAP Rate of 7.13%, ProForma CAP Rate of 7.74%. All units have been fully renovated & re-tenanted at market-rate rents across the property. / All Two-Story Townhouse Style Units - Unparalleled unit mix of (16) 3 Bed 1.5 Bath townhomes & (8) 4 Bed 2 Bath townhomes. / Over $1,000,000 in recent capital improvements, including all new roofing, HVAC unit replacements, full interior and exterior renovations. The John Nobles Apartments, a freshly renovated 24-unit apartment complex located in sunny Indio, CA. Built in 1980, the apartments are located on a 1.280 acre lot. The two buildings are composed of Sixteen (16) Three-Bedroom units & Eight (8) Four-Bedroom units, all featuring a spacious & comfortable 2-story townhome design. Amenities include onsite parking, essential appliances in each unit & private vinyl-fenced backyards.
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building J (J1, J2, J3, and J4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club!A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.
Welcome to 43240 Bacino Court, Indio, CA 92203! Discover luxury living and proven investment potential in this stunning 2-story, 3-bedroom, 3-bathroom lakefront home located in the highly desirable Terra Lago gated community. With 2,157 sq. ft. of beautifully upgraded interiors and exceptional outdoor amenities, this residence is perfectly designed for both personal enjoyment and vacation rental success. Step outside to your own private oasis, featuring a custom saltwater pool and spa, outdoor misters, fire pit, built-in barbecue, covered TV lounge, and spacious dining areas, all set against beautiful lake and mountain views. Inside, the home is equally impressive with a built-in bar, laundry room, a new $14K HVAC system, $3.5K in upgraded pool equipment, new dishwasher, and a $6K custom TV wall. Nearly all furniture (valued at $7K) is included, making this a move-in or rental-ready opportunity. The master suite offers a master bathroom , a walk- in closet, a vanity hallway, and its own private patio overlooking the lake, while the oversized garage and driveway comfortably accommodate up to four vehicles. Currently operating as a successful turnkey short term rental business with $154K in revenue since February 2024. Future bookings are transferable if buyer chooses to stay with same property management company. The property features 6 beds, and can accommodate 10 guests. Additional highlights include a separate $35K arcade/game room with pool table and air hockey (available for purchase separately). Nestled next to the renowned Terra Lago Golf Course, this property offers the rare combination of serene lakefront living, resort-style amenities, and strong short-term rental income—making it an ideal choice as both a private retreat and an income-generating investment.
Indio is located in California. Indio, California has a population of 88,542. Indio is less family-centric than the surrounding county with 27.02% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Indio, California is $59,399. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Indio is 40.7 years.
The average high temperature in July is 107.5 degrees, with an average low temperature in January of 41.1 degrees. The average rainfall is approximately 3.3 inches per year, with 0 inches of snow per year.
