Description
Great investment opportunity in La Quinta. READY TO BUILD 40 APARTMENTS PROJECT IN LA QUINTA. La Quinta is known as The Gem of the Desert. It offers sunny weather all year round with beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/2 baths with walk-in closet, island kitchen, air conditioning, balcony, dishwasher, ceiling fan and more. 6 units offer 3 beds/2 baths with the same amenities. Total living spaces for all 5 buildings will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information.
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0BEDS
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5.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Great investment opportunity in La Quinta. READY TO BUILD 40 APARTMENTS PROJECT IN LA QUINTA. La Quinta is known as The Gem of the Desert. It offers sunny weather all year round with beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/2 baths with walk-in closet, island kitchen, air conditioning, balcony, dishwasher, ceiling fan and more. 6 units offer 3 beds/2 baths with the same amenities. Total living spaces for all 5 buildings will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T10:29:20.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.