

460 Unit Apartment Development Fully Entitled
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
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