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- NOTE SALE -
Defaulted Class B 10 Unit Retail/Office Space in Exclusive
Area in The Heart of the Coachella ValleySUMMARY
Class B 10 Unit Multi Tenant Retail/Office Building
Palm Desert Ca
3 Connected Lots Totaling 1.01 Acre Lot
Property is a very clean single story retail/office building with great mix of tenants, plenty
of parking in front and rear with excellent street and sign visibility and lots of cars
passing by daily. Property is located one block from large Westfield Mall and
in the area of lots of other shopping centers, restaurants and transportation
area and 20 minutes to Palm Springs Airport and a good 70 Walk Score .
Loan Originated 12/2011
Interest Rate 5.25%
Loan Matures February 2022
NOD Filed May 2020
Back Taxes Owed over $20,000
Comps in area at $3.5MM +
CURRENT UNPAID BALANCE
If interested email or call.
NOTE: Buyer to pay commissions to be negotiated at time
of offer and...
due to per diem unpaid balance subject to change.