545 E Hobsonway, Blythe, CA 92225

545 E Hobson Way offers investors the ability to step into a partially completed 47-unit multifamily conversion with a clear and definable path to stabilization.

A significant portion of the capital-intensive work has already been completed, including electrical, plumbing, HVAC, and interior improvements, with approximately $260,000 of materials already purchased and on-site.

The remaining scope is estimated at approximately $950,000, positioning the next owner to complete the project at a basis well below replacement cost and stabilized value.

Upon completion, the asset is projected to generate approximately $475,000 in gross income supported by demonstrated rental comps in the immediate market.

Delivered 100% vacant, the property provides full operational control, allowing for an efficient lease-up strategy in a supply-constrained market driven by workforce housing demand.