3.58 acres in Riverside County, CA
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! . 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
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Jefferson between Del Rio and Rancho California Rd.