Multifamily
Deepwell Apartments
1680 East Palm Canyon Dr, Palm Springs, CA 92264
Listing Price: $7,500,000
Investment Overview
At the front doorstep of one of the Coachella Valley's fastest growing and dynamic business districts, Deepwell Apartments offers residents and investors the opportunity to usher in the next phase of 24/7 living where residents can live, work, and play at the highest level. Built in 1965, Deepwell is a 31-unit apartment community (with one non-conforming unit) located in the desirable South Palm Springs area. The property's resort style layout is accentuated by quintessential mid-century architecture surrounded by mountain and canyon views, a resort-style pool, courtyard, and immaculate landscaping.
Listing Price: $7,500,000
Investment Highlights
- Value-Add Opportunity with Upside in Rents
- Palm Canyon Drive Corridor with Great "Curb-Appeal"
- Potential Renovation for a "Trendy" Property
Investment Overview
At the front doorstep of one of the Coachella Valley's fastest growing and dynamic business districts, Deepwell Apartments offers residents and investors the opportunity to usher in the next phase of 24/7 living where residents can live, work, and play at the highest level. Built in 1965, Deepwell is a 31-unit apartment community (with one non-conforming unit) located in the desirable South Palm Springs area. The property's resort style layout is accentuated by quintessential mid-century architecture surrounded by mountain and canyon views, a resort-style pool, courtyard, and immaculate landscaping.
