Property Details
Property Details
Property Details
Fir, Moreno Valley, CA 92553
$695,000 LOGIN TO SAVE
Fir, Moreno Valley, CA 92553
Bedrooms:
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Bathrooms:
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Area: SqFt.
Description
Full Marketing Package Available. This site has an approved project for an eleven (11) unit rental townhome project. Each unit is comprised of 1,222 sf with 4 Beds, 2.5 Baths. With rental market inventory being so tight and very little new apartment projects being built, this property represents an exciting opportunity for an investor to produce for long-term cash flow and/or to sell when market cap rates are very low. Located only one block from the freeway which is ideal for tenants who commute either to the Coachella Valley (east) or Riverside/Orange County/Los Angeles (west). The immediate area has all the retail essentials, and within a short drive are the various Towngate shopping centers with Costco, Target, ALDI, 24 Hour Fitness & much more.
Features
- 0.78 Acres
Listing provided courtesy of Bryant Brislin of The Hoffman Company. Last updated 2024-12-04 10:17:51.000000. Listing information © 2024 Sandicor.