$935,000

Rare investment opportunity in Desert Hot Springs trading at an 8.61 GRM with a clear path to a 9.44% stabilized cap. This 2024 built 7 unit property features a versatile mix for rental income: 1 fully detached 2BD/1BA, 1 attached 2BD/1BA, 1 1BD/1BA, and 4 studios. All units sit behind a private gate, providing privacy and security for tenants. Current gross rents of $9,191/mo ($110,292/yr) are in place and documented, with six of seven units occupied.The operational story is what separates this deal. Seven individual electric meters, designed in at construction, mean tenants absorb the single largest line item in the Coachella Valley, the summer cooling bill. Combined with the lower maintenance profile of new construction, this drives owner operating expenses to just 27% of gross income.Conveniently located near local amenities, shopping, and easy freeway access, the asset is ideal for the investor seeking a turnkey rental portfolio or the owner occupant looking to offset a mortgage with six streams of rental income. No deferred maintenance, no CapEx event, no refresh cycle. Just rent mark to market as leases turn. Full pro forma, T12 expenses, and rent roll available