Precious Investment Opportunity in a medium sized high density apartment community! Preliminary approval projects of 60 units of apartments and up to 74 units buildable according the maximum right of R-3 Zoning. The property has an approximately 2.47AC (107,519 sqft) entirely flat land, located at the heart of City of Hemet, and frontage on both Santa Fe Street and E Central Avenue, rectangular shape, all utilities are available. The project been designed to 1bed/1bath 10%, 3bed/2bath 10%, and 2bed/2bath 80%, and is on the stage of approaching fully entitlement approval by the planning department in the next 2-3 months. Fully approval of entitlement may be deliverbales by the owner depends on the terms.

Street Address: Address not disclosed
City: Hemet
State: California
Postal Code: 92543
County: Riverside
MLS Number: TR25014447
Courtesy of Centaline Investment Inc

Similar Properties

$5,500,000
1,119,492 Sqft
$5,500,000
$4,573,800
304,920 Sqft