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6.22 Acre | 80 Unit | Development Site New Chicago Ave Lot | Résidentiel | 2,51 ha | À vendre | 2 027 744 € | Hemet, CA 92544



Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Fully Entitled Apartment Development Opportunity* | Winston Court is a ±6.22-acre in?ll development site for an 80-unit gated Apt Community
- Strategic Location in a High-Growth Inland Empire Submarket | The site is located along Florida Avenue (State Route 74), a major arterial road
- Attractive Opportunity in a Supply-Constrained Market | There are few active multifamily development opportunities in Hemet with full entitlements
- Rental Market with Strong Demand Drivers | Hemet’s growing population, aging housing stock, and limited new apartment deliveries have created pent-up
- Comprehensive Community Design with Modern Amenities | Approved plans include a leasing/recreational building, landscaped open space, private garages
Résumé analytique
Mark Bridge at Matthews and C4 Commercial, as the exclusive listing agents, are pleased to present the opportunity to acquire Winston Court Apartment Homes, a fully entitled* ±6.22-acre multifamily development site in the growing Inland Empire city of Hemet, California. This project is entitled for 80 apartment units within a gated, garden-style community, providing a rare opportunity for development in a market with strong rental demand and limited new supply.
All entitlements have been secured, significantly reducing development risks and timelines. This offering includes the opportunity to secure the entitlements for site development, including an adopted comprehensive landscape plan, fencing plan, architectural plans, and elevation drawings.
Winston Court’s community plan includes a mix of thoughtfully designed 1-, 2-, and 3-bedroom floor plans distributed across multiple two-story buildings. The site also features a central recreational facility, landscaped open spaces, and private garages—offering residents comfort, convenience, and a strong sense of place.
Strategically located near retail corridors and major employers in the Hemet- San Jacinto Valley, the property benefits from direct access to Florida Avenue (State Route 74), connecting residents to nearby cities, regional employment hubs, and lifestyle amenities. Hemet is home to a growing population and a stable renter demographic, making Winston Court well-positioned to meet ongoing demand for quality rental housing.
With full entitlements ready to be transferred and site planning approvals, Winston Court represents a unique opportunity for multifamily developers to deliver much-needed housing in a market poised for long-term growth. The offering provides immediate entry into Riverside County’s underserved rental market with minimal upfront entitlement work.
*Buyer to negotiate terms for the transfer of entitlement rights with the current holder
Highlights:
Fully Entitled Apartment Development Opportunity | Winston Court is a ±6.22-acre in?ll development site being delivered fully entitled for an 80-unit gated apartment community. All planning approvals have been secured, including site plan, landscape design, building elevations, and recreational amenities—providing developers with a clear path to construction.
Underserved Rental Market with Strong Demand Drivers | Hemet’s growing population, aging housing stock, and limited new apartment deliveries have created strong pent-up demand for high-quality rental housing. Winston Court meets this need with a modern, amenity-rich community offering a mix of 1-, 2-, and 3-bedroom units in a secure, gated setting.
Strategic Location in a High-Growth Inland Empire Submarket | The site is located along Florida Avenue (State Route 74), a major arterial road with access to regional job centers in Riverside, Moreno Valley, and Temecula. Proximity to healthcare, education, and public transit makes the location ideal for a diverse tenant base, including professionals, students, and families.
Comprehensive Community Design with Modern Amenities | The approved plans include a leasing/recreational building, landscaped open space, and private garages—all contributing to long-term renter appeal and operational ef?ciency. The thoughtful site design re?ects a commitment to quality, community, and livability.
Attractive Opportunity in a Supply-Constrained Market | There are few active multifamily development opportunities in Hemet with full entitlements in place. Winston Court represents a rare chance to deliver much-needed housing in one of Southern California’s most competitively priced and fastest-growing submarkets.
All entitlements have been secured, significantly reducing development risks and timelines. This offering includes the opportunity to secure the entitlements for site development, including an adopted comprehensive landscape plan, fencing plan, architectural plans, and elevation drawings.
Winston Court’s community plan includes a mix of thoughtfully designed 1-, 2-, and 3-bedroom floor plans distributed across multiple two-story buildings. The site also features a central recreational facility, landscaped open spaces, and private garages—offering residents comfort, convenience, and a strong sense of place.
Strategically located near retail corridors and major employers in the Hemet- San Jacinto Valley, the property benefits from direct access to Florida Avenue (State Route 74), connecting residents to nearby cities, regional employment hubs, and lifestyle amenities. Hemet is home to a growing population and a stable renter demographic, making Winston Court well-positioned to meet ongoing demand for quality rental housing.
With full entitlements ready to be transferred and site planning approvals, Winston Court represents a unique opportunity for multifamily developers to deliver much-needed housing in a market poised for long-term growth. The offering provides immediate entry into Riverside County’s underserved rental market with minimal upfront entitlement work.
*Buyer to negotiate terms for the transfer of entitlement rights with the current holder
Highlights:
Fully Entitled Apartment Development Opportunity | Winston Court is a ±6.22-acre in?ll development site being delivered fully entitled for an 80-unit gated apartment community. All planning approvals have been secured, including site plan, landscape design, building elevations, and recreational amenities—providing developers with a clear path to construction.
Underserved Rental Market with Strong Demand Drivers | Hemet’s growing population, aging housing stock, and limited new apartment deliveries have created strong pent-up demand for high-quality rental housing. Winston Court meets this need with a modern, amenity-rich community offering a mix of 1-, 2-, and 3-bedroom units in a secure, gated setting.
Strategic Location in a High-Growth Inland Empire Submarket | The site is located along Florida Avenue (State Route 74), a major arterial road with access to regional job centers in Riverside, Moreno Valley, and Temecula. Proximity to healthcare, education, and public transit makes the location ideal for a diverse tenant base, including professionals, students, and families.
Comprehensive Community Design with Modern Amenities | The approved plans include a leasing/recreational building, landscaped open space, and private garages—all contributing to long-term renter appeal and operational ef?ciency. The thoughtful site design re?ects a commitment to quality, community, and livability.
Attractive Opportunity in a Supply-Constrained Market | There are few active multifamily development opportunities in Hemet with full entitlements in place. Winston Court represents a rare chance to deliver much-needed housing in one of Southern California’s most competitively priced and fastest-growing submarkets.
Bilan financier (Pro forma - 2027) |
Annuel | Annuel par ha |
|---|---|---|
| Revenu de location brut |
1 888 650 €
|
751 522,59 €
|
| Autres revenus |
15 532 €
|
6 180,28 €
|
| Perte due à la vacance |
56 659 €
|
22 545,68 €
|
| Revenu brut effectif |
1 847 522 €
|
735 157,20 €
|
| Taxes |
32 250 €
|
12 832,67 €
|
| Frais d’exploitation |
368 502 €
|
146 632,40 €
|
| Total des frais |
400 751 €
|
159 465,07 €
|
| Résultat net d’exploitation |
1 446 771 €
|
575 692,13 €
|
Bilan financier (Pro forma - 2027)
| Revenu de location brut | |
|---|---|
| Annuel | 1 888 650 € |
| Annuel par ha | 751 522,59 € |
| Autres revenus | |
|---|---|
| Annuel | 15 532 € |
| Annuel par ha | 6 180,28 € |
| Perte due à la vacance | |
|---|---|
| Annuel | 56 659 € |
| Annuel par ha | 22 545,68 € |
| Revenu brut effectif | |
|---|---|
| Annuel | 1 847 522 € |
| Annuel par ha | 735 157,20 € |
| Taxes | |
|---|---|
| Annuel | 32 250 € |
| Annuel par ha | 12 832,67 € |
| Frais d’exploitation | |
|---|---|
| Annuel | 368 502 € |
| Annuel par ha | 146 632,40 € |
| Total des frais | |
|---|---|
| Annuel | 400 751 € |
| Annuel par ha | 159 465,07 € |
| Résultat net d’exploitation | |
|---|---|
| Annuel | 1 446 771 € |
| Annuel par ha | 575 692,13 € |
Informations sur l’immeuble
1 Lot disponible
Lot
| Prix | 2 027 744 € | Surface du lot | 2,51 ha |
| Prix par ha | 806 870,48 € |
| Prix | 2 027 744 € |
| Prix par ha | 806 870,48 € |
| Surface du lot | 2,51 ha |
6.22 Acre Multifamily Development Site | 80 Units | Fully Entitled* | Only $26.84/SF
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Taxes foncières
| Numéro de parcelle | 549-090-036 | Évaluation totale | 595 195 € (2025) |
| Évaluation du terrain | 595 195 € (2025) | Impôts annuels | 32 250 € |
| Évaluation des aménagements | 0 € (2025) | Année d’imposition | 2027 |
Taxes foncières
Numéro de parcelle
549-090-036
Évaluation du terrain
595 195 € (2025)
Évaluation des aménagements
0 € (2025)
Évaluation totale
595 195 € (2025)
Impôts annuels
32 250 €
Année d’imposition
2027
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6.22 Acre | 80 Unit | Development Site | New Chicago Ave
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