CITY OF FONTANA 100 unit development deal

[Richard Ramirez]

CITY OF FONTANA

100-Unit Residential Multi-Family “Class A” Apartment
Development Which Includes (12) Affordable Units
Land Sales Price – Building Permit Ready:

LAND SALES PRICE WITH PLANS AND PERMIT READY

$4,400,000 +3% ......... AII CASH

TO COMPLETE CONSTRUCTION $6,500,000 TO $8,000,000

TOTAL GROSS POTENTIAL RENT

MONTHLY INCOME $137,380

ANNUAL INCOME $1,648,560

EFFECTIVE GROSS INCOME ANNUAL $1,805,798

VALUE WILL BE,, $25,000,000 TO $27,000,000

email at [email protected] or call 310-375-0718