Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California, a vibrant oasis nestled in the heart of the Coachella Valley. Just a stone's throw away from the bustling Palm Springs, Cathedral City combines the charm of a small town with the excitement of nearby urban amenities. With its stunning mountain views, warm climate, and a rich cultural scene, it’s no wonder that this city has become a sought-after destination for both residents and visitors alike.

Cathedral City is renowned for its diverse community and welcoming atmosphere. The city boasts a variety of recreational activities, from hiking in the picturesque San Jacinto Mountains to enjoying the tranquil waters of nearby lakes and golf courses. The annual Cathedral City Hot Air Balloon Festival and the lively Art Walk are just a couple of events that showcase the city’s vibrant spirit and artistic flair.

For those looking to call Cathedral City home, the housing market offers an array of options, including charming homes with apartment subtypes. These residences provide the perfect blend of comfort and convenience, often featuring spacious layouts that cater to families, professionals, and retirees alike. Imagine having a cozy apartment within your home, ideal for guests or as a private retreat. Many of these properties come equipped with modern amenities, lush landscaping, and easy access to local attractions.

Whether you’re seeking a tranquil lifestyle or a vibrant community filled with activities, Cathedral City has something for everyone. Explore the possibilities of making this beautiful city your new home, and experience the unique blend of desert charm and modern living that defines Cathedral City.

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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