-200 E Francis, Palm Springs, CA 92262 (MLS# 15845445)

-200 E Francis, Palm Springs, CA 92262

$3,375,000

Property Type: Commercial Sale Lot Size (sq. ft.): 92,347 Status: Closed

Current Price: $3,375,000 List Date: 7/26/2011 Last Modified: 5/14/2026

Overview

Description

The Towers Condominium was completed in 2007, 20 units, with an approved parcel for 10 more. This is a Short Sale subject to Bank approval for all terms and conditions. Units curently leased, do not disturb tenants. See property summary attached

Listing Details MLS# 15845445

General Property Information

Lot Acres: 2.12
Year Built: 2007
Cross Streets: N. Indian Canyon

Property Features

Sale Type: Standard

Listing Location and Property Info

APN: 501046031
Original List Price: 3600000
Street #: -200
Street Direction: E
Street Name: Francis
County: Riverside
State: CA
Zip Code: 92262
Area: 331 - Palm Springs North End

Property Info

Building Status: Existing

Status Change Info

Status Change Date: 2011-10-04
Pending Date: 2011-08-29
Closed Date: 2011-10-04
Closed Price: 3375000

Income

Gross Monthly: 275000

More Information

Business Info

Cap Rate: 4.76
Financing Available: No
Investment Property: Yes
Laundry Equipment: No
Vacancy Allowance Type: $
Year Established: 2007

Listing Office: Realty Trust

Listing Agent: Scott Timberlake

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.