1205 N University St - The Residence at Casa Loma 5.7 Acres of Residential Land Offered at $17,619,700 CAD in Redlands, CA 92374

INVESTMENT HIGHLIGHTS

  • Approved 147-Unit Apartment Project with Permits RTI
  • Adjacent to the University of Redlands
  • Desirable Mix of Studio, 1 BDRM, 2 BDRM Units - All Market Rate
  • Ownership open to cash offers or JV proposals

EXECUTIVE SUMMARY

“The Residence At Casa Loma” provides a unique opportunity to purchase an approved, permit-ready, 147-unit apartment project in an infill location adjacent to the University of Redlands and within a close proximity to Downtown Redlands, major freeways, public transportation, and retail amenities. Please refer to the OM for all details regarding this project.

PROPERTY FACTS

Price $17,619,700 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 5.70 AC

1 LOT AVAILABLE

Lot

Price $17,619,700 CAD
Price Per AC $3,091,175.40 CAD
Lot Size 5.70 AC

PROPERTY TAXES

ZONING

Zoning Code Multi-Family Residential
  • Listing ID: 34276563

  • Date on Market: 2024-12-23

  • Last Updated:

  • Address: 1205 N University St, Redlands, CA 92374