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Highland Portfolio
Palm Springs, CA Demuth Park West

$3,415,000 USD

Multifamily For Sale • 15,390 SF

2 Properties View all

Property Details

Property Type Multifamily
Cap Rate 6.51 %

32 Transit Score

55 Walk Score

                
                    Highlights
                
                                21 Single-Story Units with a Desirable Mix of Studio, One, & Two-Bedroom Floor Plans
                            
                                2 Adjacent Parcels Provide Ease of Management & Economies of Scale, Minimizing Expense Costs
                            
                                Updated Swimming Pools at Each Building with New Plumbing, Electrical, Plaster, Tile, & Solar Heating
                            
                                Desirable Amenity Package Including Private Patios, On-Site Laundry Facilities, & Secure Keypad Entry
                            
                                Updated Building Systems with New Copper (509) or PEX Plumbing (561), Windows, HVACs, Roofs, Solar, & More

Financial Summary (Actual)

Net Operating Income: $222,466 USD (2025)

Cap Rate:	6.51 %
Total Expenses:	$150,789 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	16 min	-	7.8 mi
Airport	Drive	Walk	Distance
Palm Springs International	6 min	-	2.6 mi

Tyler Leeson 714-713-9086 Marcus & Millichap

Highland Portfolio Palm Springs, CA Demuth Park West