Newport South

A complex consisting of five free-standing apartments units each with over 400 sf of private garden area. All the apartments have four bedrooms and the master bedrooms open to private balconies with mountain views. 

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Each apartment has a private master bathroom, a full bathroom, and a downstairs powder room. All have a laundry room upstairs adjacent to the bedrooms. 

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The units have 2-car garages attached plus an addition 2 private car spaces, totaling 4 spaces per apartment. 

The units are comparable and equal to a single-family house.

 

The community recreation area is grassed for picnics and play and is surrounded by canopy-forming trees for both shade and beauty. 

All units have solar power. 

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The complex is easy walking distance to Parks, the Library, Post Of ice, the Cathedral City High School and the Dream Center. It is easy driving distance to Palm Springs tourist attractions and is only 2 miles from the new Casino site. 

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The overnight rental market has exploded in the valley creating a serious need for monthly rentals, especially 4 bedroom rentals. 

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This property is in the Federal Opportunity Zone where deferment on capital gains invested and tax forgiveness on Capital Gains invested and forgiven on capital gains on this subject investment.