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1558-1560 Dogwood Rd - 240 Detached Townhomes 22.79 Acres of Residential Land Offered at $6,618,864 CAD in El Centro, CA 92243

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INVESTMENT HIGHLIGHTS

Proposed Detached Townhomes, Proposed Gated Complex,

Mall offers Cinamark Movie Theaters,shopping ,restaurants

EXECUTIVE SUMMARY

Investment opportunity to build 240 Detached Townhouses. Located adjacent to the Imperial Valley Mall,The Mall Town House project is a unique opportunity to develop a project adjacent to the mall with entertainment,dining and shopping close by. The site is located in the economic heart of the Imperial Valley and are strategically located between two main transportation corridors(I-8/H-111). The mall services all the Imperial Valley and Mexicali Valleys. Most Lots have been rough blue top graded and a final map has been recorded with the City of El Centro. There may be an opportunity to re-entitle the site under existing zoning ordinances for up to 269 apartments if you don't want to build the Town Houses. No CDF on the property and waiting for you to set up your HOA. These are premier lots. Plans include 8 townhome floor plans, 1158sf-1941sf ,2 -car attached garages,pool,clubhouse,parks..Access to mall via 2 entrances plus main entrance on Danenberg rd next to Discount Tire...The complex can be phased ..This project offers affordable housing within an gated community.This complex is ideal for 1st time home buyers to empty nesters alike.Located in the award winning Mc Cabe School District.. This is an excellent opportunity to fill an huge housing shortage with affordable ,safe living conditions.

PROPERTY FACTS

Price	$6,618,864 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Apartment Units - Condo
No. Lots	1	Total Lot Size	22.79 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2

Price	$6,618,864 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units - Condo
Total Lot Size	22.79 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2

1 LOT AVAILABLE

Lot

Price	$6,618,864 CAD	Lot Size	22.79 AC
Price Per AC	$290,428.43 CAD

Price	$6,618,864 CAD
Price Per AC	$290,428.43 CAD
Lot Size	22.79 AC

054-530-043-000 is the actual entrance to the project site located next the Americas Tire . 054-530-056-000 is the project site situated directly east of the Mall . Lot has been cleared ,existing pads will may require updates.

DESCRIPTION

Vested Final Map for 240 Detached Townhouses ...Located at the Imperial Valley Mall...The Detached Townhome project is a unique opportunity to develop housing adjacent to the mall. The site is located in the economic heart of the Imperial Valley and are strategically located between two main transportation corridors( I-8/H-111).. The mall services all the Imperial Valley and Mexicali Valleys offering over 110 stores including Dillards, JC Penney, Macy's, Cinemark 18 Theaters ,Dollar Store, Famous Daves, Jhonny Carinos , Dennys, Fortune House, Starbucks, Sombreros and many more national retailers plus lmperial Valley Commons is located nearby offering additional national retailers such as Best Buy, BevMo, Ross, Marshalls, Michaels, Staples ,Kirklands ,Olive Garden, Buffalo Wild Wings ,Pets Mart and more...There may be a opportunity to re-entitle the site under its existing zoning ordinances for up to 269 Apartment homes. Imperial Valley is an exceptional location offering low cost labor, electricity and water...The area is ripe for development ,located in the farm rich Imperial Valley offering year round crops ,proximity to the International Border and located less than 2 hours from San Diego and Palm Springs... The local economy thrives from the diverse cross border commuter traffic and employment opportunities...The local housing market is thriving with no slow down in sight. Call to see if this Housing Project is right for your investors to consider. Plans are available upon request.

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