facebook
Traded Co logo
Submit
Daily limit: 0/10

William Shopoff Of Shopoff Realty Investments Sells Land At Date Palm Interiors For $8M In Cathedral City

Property Image
SOLD
$8,000,000

California

See Similar Deals
Land
Sold 09/10/2025
the dealplayerscompscontact
Property Image
SOLD

William Shopoff Of Shopoff Realty Investments Sells Land At Date Palm Interiors For $8M In Cathedral City

Land
Sold 09/10/2025
the dealplayerscompscontact
Contact now

Summary

Asset Type:Land
Transaction Type:Sale

The transaction involved a fee simple land interest in 159 home ground leases situated at Date Palm Interiors in Cathedral City, CA. The sale price for this land asset was $8,000,000, reflecting the strategic location and potential for long-term housing development within the market.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $8,000,000
  • Address: Date Palm Interiors
  • Market: Cathedral City
  • Seller: William Shopoff - Shopoff Realty Investments

This deal was facilitated by Shopoff Realty Investments, which utilized its regional expertise to navigate the complex land structure involving tribal ownership. The property was marketed based on long-term housing demand as part of the broader Westkin portfolio.

Players

William Shopoff
William Shopoff
10 deals$355.7M volume
SELLER
SI
Shopoff Realty Investments
SELLER

Details

SOLD
IMAGE: William Shopoff DATE: 09/10/2025 ADDRESS: Date Palm Interiors MARKET: Cathedral City ASSET TYPE: Land SELLER: William Shopoff - Shopoff Realty Investments (@Shopoff_Realty_Investments) SALE PRICE: $8,000,000 NOTE: Shopoff Realty sold its fee simple land interest in 159 home ground leases at Date Palm Interiors in Cathedral City, CA for $8M, part of its broader Westkin portfolio. The complex land structure, involving tribal ownership, was marketed based on long-term housing demand and Shopoff’s regional expertise.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$426,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98