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Flamingo Bay 96du 25843 Alessandro Boulevard Lot | Résidentiel | 1,56 ha | À vendre | 2 329 749 € | Moreno Valley, CA 92553
Certaines informations ont été traduites automatiquement.
Résumé analytique
Property Website: https://flamingo-bay-apartments.com/
Introducing Flamingo Bay Apartments, a fully entitled 96-unit multifamily development site located at 25817–25843 Alessandro Blvd, Moreno Valley, CA. This prime 3.86-acre property is strategically positioned within a thriving market, featuring a median household income of $109,000, strong population growth, and high market absorption.
The project includes a well-planned mix of 48 one-bedroom and 48 two-bedroom units, with an average unit size of 887 SF. The site is designed to offer modern amenities and a clubhouse, enhancing the living experience for future residents.
With an asking price of $2,700,000, the investment presents a compelling opportunity with a projected stabilized NOI of $2,079,010 and a yield on cost of 6.36%. The property benefits from fully vested entitlements, a favorable market environment, and a robust demand for rental housing.
This is an exceptional opportunity for qualified developers and investors to capitalize on the growing Inland Empire market. For more information, please contact James Walters at (949) 274-3526 or jwalters@fairbrookcommunities.com. CA DRE #02071589
Introducing Flamingo Bay Apartments, a fully entitled 96-unit multifamily development site located at 25817–25843 Alessandro Blvd, Moreno Valley, CA. This prime 3.86-acre property is strategically positioned within a thriving market, featuring a median household income of $109,000, strong population growth, and high market absorption.
The project includes a well-planned mix of 48 one-bedroom and 48 two-bedroom units, with an average unit size of 887 SF. The site is designed to offer modern amenities and a clubhouse, enhancing the living experience for future residents.
With an asking price of $2,700,000, the investment presents a compelling opportunity with a projected stabilized NOI of $2,079,010 and a yield on cost of 6.36%. The property benefits from fully vested entitlements, a favorable market environment, and a robust demand for rental housing.
This is an exceptional opportunity for qualified developers and investors to capitalize on the growing Inland Empire market. For more information, please contact James Walters at (949) 274-3526 or jwalters@fairbrookcommunities.com. CA DRE #02071589
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- Offering Memorandum
Informations sur l’immeuble
| Prix | 2 329 749 € | Sous-type de bien | Résidentiel |
| Type de vente | Investissement ou propriétaire occupant | Usage proposé | Logement |
| Nb de lots | 1 | Surface totale du lot | 1,56 ha |
| Type de bien | Terrain | ||
| Zonage | High Density Multi Family | ||
| Prix | 2 329 749 € |
| Type de vente | Investissement ou propriétaire occupant |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Logement |
| Surface totale du lot | 1,56 ha |
| Zonage | High Density Multi Family |
1 Lot disponible
Lot
| Prix | 2 329 749 € | Surface du lot | 1,56 ha |
| Prix par ha | 1 491 433,94 € |
| Prix | 2 329 749 € |
| Prix par ha | 1 491 433,94 € |
| Surface du lot | 1,56 ha |
Vacant, Entitled, and Permits underway for a 96du apartment community.
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 0 € | |
| Évaluation du terrain | 1 611 771 € | Évaluation totale | 1 611 771 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
1 611 771 €
Évaluation des aménagements
0 €
Évaluation totale
1 611 771 €
1 sur 7
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Flamingo Bay 96du | 25843 Alessandro Boulevard
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