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

180 Masonic Ave
Redding, CA 96001
161-Unit Townhome Development Site · Land For Sale · 67.00 AC

Investment Highlights

  • 161-Attached Single Family Residences situated on +-33.39 ac (+-67 ac total)
  • Development can be built "For Lease," or "For Sale."
  • Location assesible to Shopping, Transportation, and walking/biking trails.
  • High Demand for Higher Density Rentals in Redding, CA
  • City of Redding Approved Density Allowance up to 331 units.
  • Common Area Ammenities include a community park, basketball court, and barbacue area.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use Master Planned Community
Total Lot Size 67.00 AC
Zoning Multi-Family

Description

Welcome to Bridgeview Villas. Redding's Premier Townhome Development with incredible views from The Western Range, Mount Shasta, Mount Lassen and the popular Sun Dial Bridge. The project has a approved tentative map, completed reports, and a vision to provide much needed housing to the Redding Market place. Recent events such as the Carr Fire have dramatically impacted the availability of vacancies and that of higher density housing. With a Strong Rental Market highlighted by low inventory levels, The Bethel Church2020 Announcement of the $96m School of Supernatural Ministry, and the general grow of Shasta County, the future appears sound for investment opportunities in residential income.

  • Listing ID: 19594391

  • Date on Market: 5/19/2020

  • Last Updated:

  • Address: 180 Masonic Ave, Redding, CA 96001

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