BUILDER OPPORTUNITY: Shovel Ready Residential Community, Menifee
Mimi Song Company is pleased to present a fantastic development opportunity located in Menifee, one of the most dynamic new home markets in the Inland Empire.
Elm Valley is a shovel ready residential project allowing 77 new homes, located east of I-215 and south of Ethanac Road.
In addition to the project’s ready to record Final Map, it also boasts a formed but not funded CFD with total bonding capacity not to exceed $2.5 million.
Any reasonable analysis of the economics of the market will show this project to be a tremendous builder opportunity. This is an chance to acquire a ready-to-go project where a builder can deliver product in a city seeing new home sales range from $330k to $500k.
The project will be delivered with a recorded Final Map.
The Seller will accept offers until November 1, 2017, at which time a Buyer will be selected to enter an escrow.
A marketing package with linked Final Map, Improvement Plans, Conditions of Approval, and CFD analysis can be found here.
For more information on this deal or other land opportunities, contact contact John Reeder at 909-989-8590, or email to email@example.com.