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VENETO

City of Murrieta

THE OPPORTUNITY

 

Veneto Apartments provides a unique opportunity to develop a high quality apartment development on a golf course within the City of Murrieta. The subject site received approvals from the City of Murrieta for a 114 unit apartment project with generous 1,060 SF average unit sizes. The site sits on Murrieta Hot Springs Road, and is within one mile of a full array of major retail amenities. Veneto is ideal for commuters by offering convenient access to I-15, I-215 and Highway-79 via Murrieta Hot Springs Rd.  

 

PROPERTY HIGHLIGHTS

                 

  • Prime in-fill location on the fourth hole of the Golf Club at Rancho California golf course.

                 

  • Tight Submarket - Multi-family vacancy rate of less than 4.5% on competing projects in the immediate area.

   

  • 6% year over year rental rate growth in SW Riverside County

   

  • The project is designed with two and three-story garden walk up product accompanied by deck or patio spaces

   

  • Excellent proximity to numerous shopping, dining and entertainment centers.

                   

  • Excellent access to numerous job centers via the I-15 and I-215 freeways.

EXCLUSIVELY LISTED BY:

PROJECT DESCRIPTION

DOWNLOAD OFFERING Veneto_114 Apartment Units_Murrieta (002) 15

Sal Provenza

DIR (949) 789-4555 ext 19  

MOB (949) 294-6376

sprovenza@wdland.com

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Curt Crandall    

MOB (949) 275-6441

ccrandall@wdland.com

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