Detailed Introduction Of This Home
LOCATION, LOCATION, LOCATION. Great Development Opportunity in an OPPORTUNITY ZONE! This 6.29 acres at the northeast corner of 3rd Ave & Willow Street in the city of Hesperia. Seller has Submitted plans to the City Of Hesperia and is in phase 1 of planning to build 92 units on 274,325 sq ft lot. The 92 units consists of (40) 1 Bed -1 Bath units each at 875 sq.ft, (52) 2 Bed - 2 bath units each at 1077 sq.ft. The rent growth over the last year is around 2.8%, while the vacancies are at 1.6%. This property also features a kids playground, pool, dog park and community center which is included in the site plan. Buyer to work with city on future usage. Houses surround this plot. Many new developments in the area. Near 15 freeway. Directions: 1) North Bound on 1-15, 2) Exit main street right 3) Left on 3rd Ave. 4) Lot on the NE corner of 3rd Ave & Willow St. Price includes architectural and engineering contract. Additional architectural plans available upon request.