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5151 Telegraph Rd
Ventura, CA 93003
5151 Telegraph Road · Land For Sale
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3.02 AC
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 3.02 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 3.02 AC |
Description
CBRE is offering to qualified investors the opportunity to purchase the premier multifamily development located at 5151 Telegraph Road in Ventura, California (the “Property”). Additional highlights include: • Approximately $29/SF of land • Ventura County boasts a low unemployment rate of 3.5%, which is 12% below the national average and 14% below the state average • The 2018 apartment vacancy rate in the City has remained under 3%
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