Land For Sale in Hemet, California

Property # 452634

Available

$1,380,000.00

Flat, level Topography	Great infill location

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Property Information
Property Sub-Type	Multi-Family
Other Land	n.a.
Property Name	11.48 acres of Multi-Family Land
Property Address 1	300 W. Johnston Ave
Property Address 2	n.a.
Property Town/City	Hemet
Property County	Riverside
Property State	California
Property ZIP/Postal Code	92543
MLS #	n.a.
Section/Block/Lot	n.a.
Zoning	R-3 (Multi-Family)
Lot Size Acres	11
Lot Frontage Ft.	n.a.
Lot Depth Ft.	n.a.
No. Lots	n.a.
Current Use	Vacant/Owner-Used
Best Use	Apts-condos-assist living
Environmental Issues	n.a.
Utilities	n.a.
Water	n.a.
Sewer	n.a.
Property Description	11.48 acres of R-3 (17 - 25 du/acre) zoned land. Flat, level raw land. APN's - 446-280-005, 016 & 017
Area Description	INVESTMENT OPPORTUNITY- Hemet property values have stabilized in the last four months, indicating a clear 'bottom' to the market. Combined with The lack of R-3 zoned land in Hemet maks this a fantastic investment opportunity!
Financial Information
Sales Price $	$1,380,000.00
Gross Revenue $	n.a.
Total Expenses $	n.a.
Taxes $	n.a.
Net Operating Income $	n.a.
Cap Rate	0.00%
Price Per Sq. Ft. $	n.a.
Year Ending	n.a.
1031 Exchange?	n.a.
Financing/Terms	All Cash
Major Tenants
Tenant #1 n.a. Sq. Ft. #1 n.a. Lease Ends #1 n.a. Tenant #2 n.a. Sq. Ft. #2 n.a. Lease Ends #2 n.a. Tenant #3 n.a. Sq. Ft. #3 n.a. Lease Ends #3 n.a. Tenant #4 n.a. Sq. Ft. #4 n.a. Lease Ends #4 n.a. Tenant #5 n.a. Sq. Ft. #5 n.a. Lease Ends #5 n.a. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.