Property listed by Pacific Sotheby's Int'l Realty, Chris Lee, 949-554-1200.
$15,000,000
Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of California’s high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing!… Read More •. Located in Temecula Wine Country in the SP-14 Uptown Specific Plans
• Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms.
• Area is endowed with Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market.
• All entitlements secured after a highly lengthy process
• Positioned for strong absorption post 2026
• Flat topography
• Excellent Frontage and Close to famed Old Town Temecula Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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