Two Desert Investment Income properties SOLD this week!

By
Real Estate Agent with HK Lane, Christie's International Affiliate, 760-285-3578 DRE #01329387

La Quinta relaxation!Completely different couples, different requirements, different areas, but they BOTH wanted the net to work on their desert investments.

One couple wanted a La Quinta Condo.  No muss, no fuss, no maintenance, high HOA made sense to them..make it TURNKEY!  Price point around $400,000.  Believe it or not, our Condo inventory, as with our Single family inventory is limited.  Meaning of course, the Condos, with good location, great amenities, and not worn out does limit it.  If you are stuck on golf courses, that's one option, and if you want a GREAT rental possibility, there are other things to consider.

I found them a PERFECT little investment condo.  Comes with bookings in place, website up, net sheets for past 3 years..owner is simply moving up within the same development to a larger Condo to use and also to lease.

My second couple would only look at Single Family homes with LOTS of bedrooms, gated community, La Quinta or Indio area to capitalize on the Music Festival lease opportunities-price point about $700,000.  Score again!  Got them into a great large home on a huge, resort style lot.  Their Desert Estate is ready to produce.  

If you're looking for La Quinta or ANY desert City Investment possibilites, give me a call and I'' find you a match that performs to your expecations!!  760-285-3578

Posted by

 

Kimberley Kelly, RealtorKimberley Kelly,   Land, Ranches or Residential properties in the Palm Springs Valley of California. Follow this link to Meet Kim!

(760) 285-3578

 

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Comments (1)

David Saks
(retired) - Memphis, TN

Terrific information and a fine post. Have a great day ahead.

Jan 16, 2015 04:26 PM

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