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14400 Lasselle Street - Bella Vista Apartment Homes, Moreno Valley, CA

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14400 Lasselle Street - Bella Vista Apartment Homes

Moreno Valley, CA 92555 - Riverside Submarket

Property Type:Land Parcel Size:11.8 Acres
Zoning:SP 218H
For Sale Price:For Sale Price/Acre:For Sale Price/SF:-

Proposed Use:Apartment Units

On-Site Improv:Raw land

Sale Notes:
ARA Newmark is pleased to offer investors the rare opportunity to acquire Bella Vista Apartment Homes development site, an entitled 11.8-acre development project located in Rancho Belago, the most desirable neighborhood in the city of Moreno Valley. The Site' s strong surrounding demographics and market fundamentals, proximity to high-paying jobs, employment centers, retail/entertainment amenities, in combination with the size of the development make this an incredible opportunity. Bella Vista Apartment Homes will include six 3-story buildings with attached garages and eight 2-story buildings with no attached garages, but open parking spaces comprising of a total 220 luxury apartment homes. Bella Vista Apartment Homes is ideally located adjacent to the Riverside County Regional Medical Center and Aquabella master planned community. The Site will also benefit from high renter demand, further bolstered by the lack of new apartment product in the area and the surrounding employment centers. Community amenities will cater to family renters and include a full range of first-class amenities for residents to utilize and enjoy.

ARA, A Newmark Company
Bryan Schellinger
(310) 407-6597

Tyler Martin
(858) 449-8641

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