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
1 LOT AVAILABLE
Lot
Price | $17,619,700 CAD |
Price Per AC | $3,091,175.40 CAD |
Lot Size | 5.70 AC |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $3,923,103 CAD | Total Assessment | $3,923,103 CAD |
ZONING
Zoning Code | Multi-Family Residential |