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- LoopNet Team
Avenue 50
Coachella, CA 92236
Rancho Mariposa | 20 Finished Lots · Land For Sale · 3.00 AC
Investment Highlights
- VERY RARE FINISHED LOTS IN ENTRY LEVEL PRICE POINT MARKET
- NO HOA | NO BONDS | NO PROPERTY SPECIFIC CFD
- ACTIVE PROJECTS IN CITY OF COACHELLA SELLING 8 – 20 HOMES/MONTH UP TO $500K!
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 3.00 AC |
| Property Subtype | Residential | Cross Streets | Frederick Street |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 3.00 AC |
| Cross Streets | Frederick Street |
Description
Rancho Mariposa - Coachella provides a homebuilder with an opportunity to acquire 20 near-fully finished lots in an entry-level community with no homeowners association (HOA), and no property-specific communities facilities district (CFD). With the continued strength of the first time buyer, and the benefit of home pricing well-below the FHA loan limit. This opportunity at Rancho Mariposa is an attractive acquisition target for a homebuilder looking to deliver product starting in the $400k’s. The city of Coachella continues to offer the best value proposition for residents and homebuilders in the Coachella Valley. Rancho Mariposa is one of the few remaining opportunities in the Coachella Valley for a homebuilder to capitalize on the severe lack of new entry-level home supply, and is the only remaining available near-finished lot project in the City of Coachella.
zoning
| Zoning Code | R |
| R |
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