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The Jasper is a one-of-a-kind opportunity to acquire 19 Multi-Family Units (currently under construction and estimated to be completed in Q1 2026) with an infill downtown location in fast-growing Cathedral City, which is currently experiencing a major development renaissance. This well-located property is off of the main arterial road ''Hwy. 111/East Palm Canyon Drive'' and is nearby the newly constructed and opened ''Agua Caliente Casino'' which created over 500 new jobs, with over 500 new slot/gaming machines & table games, and several new restaurants. Additional new retail is under construction to the east including Starbucks, Chipotle, Farmer Boys, and Circle K. This project is truly a prime pedestrian-oriented development. Furthermore, The Jasper is located within the state's Qualified Opportunity Zone (rare for superior locations like this), which can allow for significant capital gains tax savings for qualified investors.
| DAYS ON MARKET | 40 | LAST UPDATED | 11/5/2025 |
|---|---|---|---|
| TRACT | Cathedral City Cove | YEAR BUILT | 2025 |
| COMMUNITY | 336 - Cathedral City South | GARAGE SPACES | 20.0 |
| COUNTY | Riverside | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 336 - Cathedral City South |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 0.68 acre(s) |
| LOT DIMENSIONS | 29621 |
| PARKING | Assigned, Garage, Garage Door Opener, Guest |
| STORIES | 3+ |
| SUBDIVISION | Cathedral City Cove |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Panoramic |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 12/15/25 7:08 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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