I just took a listing for a nice project in Indio, the fastest growing city in Coachella Valley, located in the north side, near the newest developments and retail building.
The land is 5.5 acres, located on Avenue 44, a main east-west street, just east of Monroe Street, a main north-south artery from the city center to I-10.
The upside: at about the same price as other land offerings in Indio, the buyer gets city entitlements and building plans for sixty two-bedroom units, with garages.
Indio is growing fast, and has very low vacancy in apartments. The right buyer is a construction company looking for a project, or an investor who wants to build and hold a premium project in a growing market.
Call me or email me for a full package.
Bruce Haulley
760 318 2876
bruce.haulley@marcusmillichap.com

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