Property details
Prime Southern California Senior Apartment Site, Pacific West Region
Property Description
Prime Southern California Senior Apartment Site
Available Right Now For a Short Window of Opportunity
Comes with preliminary approved for 300 a 55+ Senior Apartments (at least one person in the unit must be at least 55 years old).
This is ridiculously priced at $6.00 sq. ft.
15 Acres+ in prime Southern California location
This would be a great investment for a quick flip, since the city wants these senior apts.
Built ASAP, since there is a shortage of them in the area.
Benefit from fast tracking for permits, etc.
Most of the site improvements are there already!
Or, if wanting to develop them, existing connections to the city can help him the project done quickly (inquire).
A new project like this would bring excellent ROI.
We need an offer on this property within 1 in a week before the list it with a discount broker.
Proforma on this project is immediately available.
Images
Highlights
- Status:
- Available
- Price:
- $4,000,000
Property Information
- Property Type:
- Apartments
- Industry Type:
- Apartment - Multifamily
- Units/Spaces:
- 300
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.