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$975,000
Est. payment /mo
0.58 Acres Lot
UPDATED:
02/22/2025 10:54 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25036206
HOA Y/N No
Lot Size 0.578 Acres
Property Description
Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity!
Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. The seller will deliver a fully approved package with all permits ready for issuance.
Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success.
Don't miss this rare shovel-ready opportunity to secure a high-performing asset.
Plans and drawings are under the supplements tab. Act now—opportunities like this won't last!
Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. The seller will deliver a fully approved package with all permits ready for issuance.
Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success.
Don't miss this rare shovel-ready opportunity to secure a high-performing asset.
Plans and drawings are under the supplements tab. Act now—opportunities like this won't last!
Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Location
State CA
County San Bernardino
Area Vic - Victorville
Zoning cg
Interior
Inclusions Plans
Fireplace No
Exterior
Fence None
Community Features Foothills
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s)
Present Use Unimproved
Building
Lot Description 6-10 Units/Acre, Level, Rectangular Lot
Sewer Public Sewer, Sewer Applied for Permit
Water Public
New Construction No
Others
Senior Community No
Tax ID 3093491100000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by BARRY GOODRICH • KELLER WILLIAMS REALTY • 909-534-7056