Great Investment Opportunity - 25 Units Multi-Family Riverside County

May 22, 2014 - PRLog -- North Palm Heights, a twenty five (25) unit apartment complex in Blythe, California has been listed for sale.  Doug Taber and James Carter of Apartment Realty Group (ARG) have been retained as the exclusve listing agents.

This property is 100% occupied and is being offered for $849,000 - at a cap rate of 8.44% and a GRM of 4.95.

The subject property is located on a large lot (totaling 30,381 sf) consisting of nine (9) 1bedroom/1bathroom, thirteen (13) 2bedroom/2bathroom, and two (2) 3bedroom/2bathroom units constructed of wood framing and a stucco exterior with a pitched-composition roof. The property has carports parking, fenced swimming pool and surveillance cameras; the property also boasts an onsite laundry room housing (2) washer and (2) dryer (owned equipment) along with an owner's / office unit.

For more information, please contact us at (858) 609-9559 | DTaber @ARG1031.com

Apartment Realty Group (ARG) is strategically focused on multi-family investments and has a proven track-record of value-added brokerage services. ARG has been able to provide sellers with specialized strategies to maximize property values by creating competition for each marketing assignment as well as providing buyers and 1031 exchange clients with sound investment options which are not generally available in the marketplace.  For more information you can visit us online at:  http://www.apartmentrealtygroup.com/

Media Contact
Doug Taber
858-609-9559