Site is located on Van Buren Street, at Avenue 50, in the city of Coachella, CA
50 Single Family Detached Lots
- Property Overview: “VALENCIA-COACHELLA” provides a homebuilder with an opportunity to acquire 50 near-finished lots in an entry-level community with no homeowners association (HOA), and no property-specific communities facilities district (CFD). With the continued strength of the first time buyer, and the benefit of home pricing well-below the FHA loan limit, the near-finished lots at Valencia are an attractive acquisition target for a homebuilder looking to deliver product starting in the high $200k’s. The city of Coachella continues to offer the best value proposition for residents and homebuilders in the Coachella Valley. Valencia is one of the few remaining opportunities in the Coachella Valley for a homebuilder to capitalize on the severe lack of new entry-level home supply, and is the only remaining available near-finished lot project in the City of Coachella.