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25843 Alessandro Boulevard - Flamingo Bay 96du Lot • Résidentiel • 3,86 Acres • 3 669 300 $ CAD • Moreno Valley, CA 92553
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Résumé de l'annonce
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
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 3 669 300 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement ou propriétaire utilisateur | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 3,86 AC |
| Type de propriété | Terrain | ||
| Zonage | High Density Multi Family | ||
| Prix | 3 669 300 $ CAD |
| Type de vente | Investissement ou propriétaire utilisateur |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 3,86 AC |
| Zonage | High Density Multi Family |
1 Lot disponible
Lot
| Prix | 3 669 300 $ CAD | Taille du lot | 3,86 AC |
| Prix par AC | 950 595,83 $ CAD |
| Prix | 3 669 300 $ CAD |
| Prix par AC | 950 595,83 $ CAD |
| Taille du lot | 3,86 AC |
Vacant, Entitled, and Permits underway for a 96du apartment community.
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 2 538 768 $ CAD | Évaluation totale | 2 538 768 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 538 768 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
2 538 768 $ CAD
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25843 Alessandro Boulevard - Flamingo Bay 96du
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