S Magnolia Avenue Ontario, 캘리포니아, 미국

Engel & Voelkers La Canada에서 추가했습니다
Ontario, 캘리포니아, 미국 내 판매용토지이(가) 현재 판매용입니다. Ontario, 캘리포니아, 미국이(가)US$4,200,000(으)로 추가되었습니다. 이 부동산은산 전망이(가) 특징입니다. Ontario, 캘리포니아, 미국 내 부동산이 마음에 들지 않는다면, https://devadmindomaintest1.xomio.com 을(를) 방문하여 다른 Ontario 내 판매용 토지을(를) 찾아보세요 。
업데이트된 일자: 2025. 4. 10.
MLS 번호: 371332541
US$4,200,000 USD
- 최소 판매 가능 공간6,410m² (69,000ft²)
부동산 사양
주요 사양
- 산 전망
지역
- 땅/대지 크기: 6,410m² (69,000ft²)
묘사
Development opportunity with approved plans to build a 49 unit 5 story apartment building with 108 parking spaces. The gross building area is 101,687 SF, the net rentable area is 50,280 SF and the lot size is 69,000 SF. Unit breakdown: 12-1 Bedroom units and 37-2 bedroom units. Excellent Ontario location adjacent to a 75 unit apartment building located at 840 S Magnolia that was built in 2019 and is stabilized at rents similar to the projected rents for this project. Price of the land per unit is $85,714 and price of the land per SF of land is $61 and compares favorably with RTI land sale Comps.The completed projects stabilized value is estimated to be $26,500,000 which is $540,816 per unit and $527 per SF of NRA. The asking price for the land is $4,200,000, roughly 16% of the stabilized value, providing excellent upside to the Buyer/Developer.The property is currently improved with a single family residence that is rented to a tenant. However, the property is being marketed as land for development of a fully entitled 49 unit apartment building which will require demolition of the existing residence. The property will be delivered vacant at the Close of Escrow with permits Ready to Issue. Buyer will be responsible for demolition of the existing SFR after closing and the cost of the building permits. Site also includes APN# 1011-371-15-0000. Total site area is 69,000 SF.Buyer to cooperate with Seller's exchange at no expense to Buyer. Please submit Letters of Interest for consideration and to initiate negotiations.Do not disturb the tenant. Drive by only until a purchase contract has been negotiated.