Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California, a vibrant oasis nestled in the heart of Riverside County. Known for its stunning desert landscapes and breathtaking mountain views, Cathedral City offers a unique blend of natural beauty and urban convenience. With a rich cultural scene, including art galleries, theaters, and annual festivals, this city is a place where community spirit thrives.

Cathedral City is particularly appealing for those seeking homes with apartment subtypes. Whether you're a first-time buyer, looking to invest, or searching for a cozy rental, the diverse range of apartment options here caters to various lifestyles and budgets. From modern complexes with resort-style amenities to charming vintage buildings that exude character, you’ll find a home that perfectly suits your needs.

The city’s strategic location provides easy access to nearby attractions, including the stunning Coachella Valley and the iconic Palm Springs. Enjoy outdoor adventures like hiking, biking, and golfing, or indulge in shopping and dining at local hotspots. With year-round sunshine and a welcoming community, Cathedral City is more than just a place to live; it’s a lifestyle.

As you explore the real estate market, you’ll discover that Cathedral City offers more than just apartments; it presents an opportunity to be part of a thriving community. Experience the warmth of desert living and the convenience of urban amenities, all within a city that feels like home. Come and find your perfect apartment in Cathedral City, where your dream lifestyle awaits!

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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