Unbelievable Development Opportunity in San Bernandino

[Jesus Yinh]

Property is under contract and ready to be assigned... PLEASE DO NOT CONTACT LISTING AGENT.

GREAT DEVELOPMENT DEAL IN SAN BERNANDINO W/ APPROVED PLANS!!!

505-525 E Rialto Ave San Bernandino CA, 92408

Vacant Land

Lot: 2.88 Acres

Purchase Price: $1,475,000 (fee included in price)

EMD: $10,000

Escrow Period: 30 days

Repair Est: $4,630,000

ARV: $8,370,000

CLICK ON LINK BELOW TO ACCESS PLANS AND IMPORTANT INFO:

https://crgnow.box.com/s/t82q44024cppjmgam7d75hijdt5zv42j

VACANT... GO DIRECT!!!

38 Luxury Apartments - This project is approved by the San Bernardino Community Development Department. The plans are paid. San Bernardino needs luxury apartments. The project plan is for a gated community of 38 Luxury units each with indoor laundry, balconies, and walk in closets. The mix is 26 two bedroom - two bath units, six three bedroom - two bath units and six four bedroom - two bath units. Price is for land (0136-302-20-0000 and 0136-302-21-0000) and current plans. Plans call for ample parking with 102 spaces. For non-builders, current owner has extensive building experience and is open to be hired for build out.

FINANCING AVAILABLE... ASK ME IF INTERESTED.

Up to 65% ARV

As Low as 9.99% & 2pts for Qualified Deal/Borrower

Buyer to do their own due diligence and comps...

Run your numbers and email me if interested. Thank you.
 

Jesus Yinh
CAPITAL REDEVELOPMENT GROUP LLC
Managing Partner
Direct: (310) 926-3844

Email: [email protected]