This Land Property is no longer advertised on LoopNet.com.

16850 Muscatel
Hesperia, CA 92345
10 Acres, build 142 Apts. · Land For Sale · 10.00 AC

Investment Highlights

  • 10 Acres Shovel Ready
  • Rate of Return on Equity 19.22%
  • Plans are done to build 142 Apartments
  • Cap Rate 7.24%
  • Review attached Proforma

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 10.00 AC

Description

northwest corner of Muscatel Street and E. Avenue JUST GO DRIVE BY OR DRIVE ON THE LOT ANYTIME. Call Dug 909-896-9205 or Albert 626-255-4854 with any questions. Call us if you need more info such as all the Landscaping plans, Civil Drawings, lot merger info, etc.

  • Listing ID: 13407071

  • Date on Market: 8/6/2018

  • Last Updated:

  • Address: 16850 Muscatel, Hesperia, CA 92345

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