NWC 50th & Frederick ave
Coachella, CA 92236
20 Finished Residential Lots · Land For Sale
·
3.00 AC
Investment Highlights
- Only Finished Lot's available in Coachella
- 18% increase in # of homes closed over past 12 months
- Soft Costs, Fees, Bonds, Off-Sites recently verified
- Coachella home price increased by 12% YOY
- Project recently bidded out by a local general contractor
Property Facts
| Property Type | Land | Proposed Use | Single Family Residence |
| Property Subtype | Residential | Total Lot Size | 3.00 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 3.00 AC |
Description
Rancho Mariposa - Coachella provides a homebuilder with an opportunity to acquire 20 fully finished lots in an entry-level community with no homeowners association (HOA) and no property-specific communities facilities district (CFD). This opportunity at Rancho Mariposa is an attractive acquisition target for a homebuilder looking to deliver product starting at $500k+. The city of Coachella continues to offer the best value proposition for residents and homebuilders in the Coachella Valley. Rancho Mariposa is one of the few remaining opportunities in the Coachella Valley for a homebuilder to capitalize on the severe lack of new entry-level home supply and is the only remaining available near-finished lot project in the City of Coachella. CONTACT FOR UNDERWRITING AND ADDITIONAL INFORMATION
