Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant and inviting neighborhood nestled in the heart of Riverside County, California. Known for its stunning desert landscapes and breathtaking mountain views, this area is a hidden gem that offers the perfect blend of tranquility and convenience. With its warm climate and abundant sunshine, Cathedral City North is an ideal location for those seeking an active outdoor lifestyle, from hiking and biking to golfing and enjoying the local parks.

The real estate market in Cathedral City North features a diverse array of homes, with a notable selection of properties that include apartments. These homes provide an excellent opportunity for both first-time buyers and seasoned investors alike. The apartment subtype homes in this region are particularly appealing, offering modern amenities and spacious layouts that cater to a variety of lifestyles. Whether you're looking for a cozy one-bedroom unit or a larger family-friendly space, Cathedral City North has something to suit everyone’s needs.

Residents enjoy easy access to a variety of shops, restaurants, and entertainment options, making it a convenient place to call home. The community is also known for its friendly atmosphere, where neighbors become friends, and local events foster a sense of belonging.

If you're considering making a move to Cathedral City North, you'll find not just a place to live, but a welcoming community that embraces the beauty of Southern California living. Discover your dream home in this enchanting area today!

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

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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.