Description

An excellent investment opportunity of residential real estate and business income potential. This is a Sober Living home that has been in operation in central Palm Desert for over 10 years. This business has good potential for income growth now that COVID restrictions are ending. The Coachella Valley is a strong recovery treatment area and this home is part of that Community of Recovery network. All lead sources, operating parameters and on-site management are in place and well established .”House of gratitude” provides transitional housing for adult males exiting local addiction recovery centers. This home is also available for sale as a Single Family Residential home. The home is 5 lots away from The City of Palm Desert’s transformation of San Pablo Ave. into a key artery of a revitalized city center where walking, biking, and fun is the focus. Traffic lanes were reduced to allow for improved bikeway facilities, enhanced pedestrian accommodations, new landscaping, beautification of existing community gardens, on-street parking, and a roundabout intersection at San Gorgonio Way. The home is also only 3 blocks away from Palm Desert City Park, with a golf driving range, Olympic size pool, tennis courts, ball fields, volleyball and basketball courts, outdoor concert amphitheater and more, along with The College of the Desert.Appointments only with proof of Funds and Pre qualified letters required.