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23575324
23575326

26001 Alessandro Blvd, Moreno Valley, CA 92555

DS
CA 01941251
Diversified Realty, Inc
Listed by Diversified Realty, Inc
Unpriced
1181 days on market
Updated 104 days ago

460 Unit Apartment Development Fully Entitled

Details
APN 486-280-062 & 486-280-063
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Acreage 18.390
Zoning R30 (Residential 30)
Ownership Fee Simple

Land | 18.39 acres

Investment highlights

-Prime 18.39 Acre Apartment Site

-460 Unit Apartment Development Fully Entitled

-Adjacent to the Recently Completed Class A 420 Unit Broadstone Rancho Belago Apartment Community

-Strong Rental Market in the Immediate Neighborhood with Asking Rents over $3/sf for many 1BD/1BA Units

-Down the Street from Future Town Center at Moreno Valley - A Mixed-Use Project with up to 800 Homes and 220,000 SF of Commercial Uses

-City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years

-Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City

-An Additional 20,000 New Jobs Coming From the Fully Approved WLC Project that Broke Ground

-Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion

-Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City

Listing Contacts

DS
CA 01941251
Diversified Realty, Inc
Listed by Diversified Realty, Inc

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