0 S Downs Street Active

Ridgecrest,CA 93555

$ 4950000

- Bed

0 Bath

876863 SqFt


Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Square Footage 876,863 sqft

Price per Sqft $5

MLS Listing ID 202503423

Lot Size 20.130 Acres

Property Sub-Type Acreage

Property Description

Unique opportunity for investor to acquire this one of a kind 20.13 acre land for a Master Planned Apartment Complex located in Ridgecrest, California. The projected project consists of 361 units of residential apartment living offering 2 bedroom, 2 bath units with 901 Sqft, and 3 bedroom, 2 bath units with 1,078 Sqft and 2 bedroom, 2 bath units with 950 Sqft. The proposed apartment complex will offer 712 parking spaces, 1 clubhouse, and a rental office with managers unit. This master planned community is ready for development and all the utilities necessary for the project are available at the street. Centrally located within the radius of the nearest commercial, educational, and recreational areas in the city of Ridgecrest. See attached documents. The Tentative Map that was approved in May 2024 is valid until November 2027. The 360-Unit project is divided into 3 phases: Phase 1 - 112 Units Phase 2 - 140 Units Phase 3 - 108 Units

Location

State CA

County Kern

Area 99

Zoning RH (Residential High Density, 14.1 to 29.0 dwelling units per acre

Building

Water Indian Wells Water District

Schools

Elementary Schools Other-Outlying

Middle Schools Other-Outlying

High Schools Other-Outlying

School District Other

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