Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California – a hidden gem nestled in the heart of Riverside County! Known for its stunning desert landscapes and vibrant community, Cathedral City offers an inviting blend of tranquility and excitement. With the majestic San Jacinto Mountains as a backdrop, this city boasts year-round sunshine, making it a paradise for outdoor enthusiasts and sun-seekers alike.

Cathedral City is not just a beautiful place to live; it’s a community rich in culture and diversity. The city features a plethora of recreational activities, including golf courses, hiking trails, and parks, perfect for families and individuals looking to enjoy the great outdoors. The lively downtown area is home to a variety of restaurants, shops, and entertainment options, ensuring that there’s always something to explore.

For those considering a new home in this vibrant city, Cathedral City offers a unique selection of homes with apartment subtypes. Whether you’re looking for a cozy studio or a spacious multi-bedroom unit, the options are plentiful. These homes often feature modern amenities, open floor plans, and beautiful views, providing the perfect backdrop for your life in this enchanting city.

With its affordable housing options and a welcoming atmosphere, Cathedral City is an ideal place for first-time homebuyers, retirees, and everyone in between. Come discover the charm and warmth of Cathedral City, where your dream home awaits amidst the stunning desert scenery and a vibrant community spirit!

Newest Cathedral City 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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