Listing provided courtesy of Grisel Stefani of Rancon Real Estate. Last updated 2024-05-10 09:18:05.000000. Listing information © 2024 SANDICOR.
Asking Price: $9,750,000
Riverside, Lake Elsinore CA 92530
Community:
This Lots/Land property was built in and is priced at $9,750,000. Please see the additional details below.
Lake Pointe Apartments - Prime Entitle Multi-Family site, next door to Lake Side High School and near the Launch Pointe Recreation Center and Boat Launch . Centrally located with easy access to Interstate 15. The entitle multi-family project consist of a gated complex with 260 units (Phase 1 "152 unit" and Phase 2 "108 units"). Residents will enjoy the Clubhouse, cabanas, fireplace, leasing office, conference room, multipurpose room, kitchen, pool, outdoor BBQ pavilions with shade structures, patio trellises and sitting benches, splash pad, tot-lot with playground equipment. Great opportunity for development with the Demand for apartments in the Inland Empire being ramped back.