$9,750,000
For Sale

Riverside Drive

Lake Elsinore, CA 92530
13.27 acres | #SW24082403
Listing OfficeRancon Real Estate
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Lake Pointe Apartments - Prime Entitle Multi-Family site, next door to Lake Side High School and near the Launch Pointe Recreation Center and Boat Launch . Centrally located with easy access to Interstate 15.
The entitle multi-family project consist of a gated complex with 260 units (Phase 1 "152 unit" and Phase 2 "108 units"). Residents will enjoy the Clubhouse, cabanas, fireplace, leasing office, conference room, multipurpose room, kitchen, pool, outdoor BBQ pavilions with shade structures, patio trellises and sitting benches, splash pad, tot-lot with playground equipment. Great opportunity for development with the Demand for apartments in the Inland Empire being ramped back.

  • Property Details
      • Lot DescriptionElevenToFifteenUnitsAcre, Level
      • ViewCityLights, Lake, Neighborhood
    • Measurements
      • Acres13.27
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$9,750,000
  • Other
      • MLS #SW24082403

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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