Flora Jefferson St & Fred Waring Dr 89 Unit Apartment Building For Sale La Quinta, CA 92253

FULLY ENTITLED 89 UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY- Flora is a unique multifamily investment opportunity located in the fast-growing and densely populated neighborhood of North La Quinta in the Coachella Valley. The proposed project sits on a 5.1-acre site that is fully improved with all utilities stubbed and has development credits of over $100K in place. The site is adjacent to the 39,000 sq ft Jefferson Square Shopping Center and Heritage Court, with CVS and Walgreens Pharmacy, Walmart Neighborhood Grocery store and many restaurant, retail and service uses all within walking distance. The site has multiple access points, making it easily accessible from I-10 and CA Hwy 111.
Designed to take advantage of existing site improvements, including two certified building pads, parking lots, stormwater retention systems, utility infrastructure, and landscape improvements, Flora sits adjacent to Jefferson Square Shopping Center which is a CVS anchored, LEED-Gold certified development with a collection of great service, fitness and soon to be announced restaurant tenants. The property offers a wide range of floor plans, from one to three-bedroom units, and various amenities, including a fitness center, community room, swimming pool, and barbecue area.
The Coachella Valley is known for its diverse recreational activities and numerous cultural events, making Flora an attractive option for permanent residents and seasonal visitors. The property is conveniently located adjacent to Monticello Park and Heritage Court, an grocery-anchored shopping center with various restaurant, retail, fitness and service options.
Investing in Flora means investing in a stable and growing market with strong demand for multifamily housing. With the population of the Coachella Valley projected to continue growing and limited to new construction in the area, Flora presents a rare opportunity to acquire a investment property in a high-growth market. Don't miss out on the chance to invest in this exceptional property in a thriving community.