16227 Baseline Avenue

Fontana CA 92336

74052 sq. ft.

Land

Currently for sale - view listing

Overview

36 Unit Project in process with beautifully designed common areas in RISING NORTH FONTANA AREA... Incredible Location and great for New Apartment building or Senior Housing Apartment Complex. Attached in supplements you'll see the current Architectural drawings for a state-of-the-art 36 unit apartment complex with Rental Office, Pool and spa area, Fountain and garden area, GYM, Theatre, Conference Room, Internet Room, and more. Just drive by this lot to see the potential. Located 2 minutes to the 210Fwy, 6 minutes to the 15fwy, and a quick drive to the 10fwy. New housing being built now down the street by D.R. Horton and newer tracks already built in area. These 36 units would command a premium on rents and would be exempt from the current rent control laws for the first 15 years due to being newly built units. The potential resale if the 36 units we're built would be over $10, 000, 000 or units could be held for a very strong cash flow investment.