Downs Street, Ridgecrest

$9,488,000

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0 Bed
0 Bath
20.13 Acres
0 Garage

A unique opportunity for investors to acquire this one of a kind 20+ acres Master Planned Apartment complex located in Ridgecrest, California. Villa Crest Apartments is a 20.48-Acre, 361-unit apartment complex that consists of 361 units of residential apartments offering 2 Bed/ 2 Bath units @ 901 SQFT, 3 Bed/ 2 Bath units @ 1078 SQFT, and 2 Bed/ 2 Bath units @ 950 SQFT. The property will have 700 parking slots making way for 2 or more cars per unit plus guest parking. The property is centrally located and is close to commercial, educational, and recreational areas in the city of Ridgecrest.

Essential Information

MLS® #
41048142
Price
$9,488,000
Bathrooms
0.00
Acres
20.13
Type
Land
Status
Active

Community Information

Address
Downs Street
City
Ridgecrest
County
Kern
Zip Code
93555
Senior Community
N

Additional Information

Date Listed
January 22nd, 2024
Days on Market
110
Zoning
MUFA

Listing Details

Agent
Zaheer Siddiqui
Office
JPAR Iron Horse Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of May 12th, 2024 at 12:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.