48344 Stewart DR K1-4Indio, CA 92201
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club!A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.
- Property Type:
Residential Income
- Architectural Style:
- Bedrooms:
- Bathrooms:
0
- Dwelling Size:
0 SqFt
- Lot Size:
0.08 Acres
- Lot Description:
- Stories:
- Year Built:
1982
- Interior Features:
Open Floorplan
- Exterior Features:
- Parking:
Garage or Parking Spaces: 0
Features: Guest, Unassigned
- Area:
- Views:
- Schools:
- HOA:
- Senior Community:
False
- Heating:
Forced Air,Natural Gas,Central
- Cooling:
Central Air
- Appliances:
Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Range, Gas Water Heater
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
24 Hour Security, Gated Community
- Foundation:
Slab
- Roof:
Tile