36 Approved Lots + 3 Existing rental homes
San Jacinto-Hemet Ca
Description: ID# 7421
Price: $1,195,000
Location:
San Jacinto-Hemet Ca
For Sale Residential development
1340 Kirby st. San Jacinto-Hemet Ca. Tab. S.P. And Models
Original plan called for a total of 36 sfr's & 5 models 1029'
1091'. 1247'. 1436'. & 1624'.
The new plan will consist of 3 models. 1438'. 1841'. & 2017.
Developer believes that 3 models are sufficient for the project to sell in this present market.
His home prices will be as follows....
1428' $239k or $167.36 per ft.
1841' $248k or $134.70 per ft.
2017' $253k or $125.43 per ft.
Our project (tract#34664) Will consist of 4 models 1273'. 1404'. 1485'. 1613'.
our projected sales based on the development next door & K.B's ALL SOLD project (The Cove) 2 miles away.
1273' $226k or $177.53'
1404' $237k or $169.16'
1485' $241k or $162.28'
1613' $244k or $151.27'
Current forecast for home prices in the area predict increase of 20% in 2014. If so, these homes can be sold for more.
We believe 4 models provide more variation and make our project superior to the one next door.
Smaller homes are more affordable, sell faster and net more profit for developer.
However, if your developer disagrees with this concept, city is very open to changes.
In addition to the 4.9 acres with 36 approved lots is .6 acres
with 3 existing houses and 3 garages. (See site plan) Monthly Inc. $3300
This portion of the property can be sold separately upon recordation of map.
Price and Availability are subject to change without notice
All information provided is deemed reliable, however we cannot
guarantee
its accuracy and we assume no liability for errors or omissions.
Prospective purchasers should independently verify all items of
interest with their own sources and should consult with various
professional
and governmental agencies for additional information and conditions.f
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