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249 W Highway 98 - Remington Condominiums 17.14 Acres of Residential Land Offered at $1,950,000 in Calexico, CA 92231

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Investment Highlights

FINAL MAP!!

Executive Summary

PRICE REDUCED!! APPROVED FINAL MAP! Phase 1 is recorded and construction underway, while offsite improvements are completed, as far as we know. Two remaining Phases available. The Remington Development in Calexico is a RECORDED 272 two story condo project. This offering is for the remaining 144 units. Scheduled for construction: Private gardens, assigned covered parking, a landscape retention basin park, swimming pool with cabana, tennis court and a children's play area.
The project is located at the south of Highway 98/Birch Street and approximately 1,000 feet east of Kloke Road. Very close to the East Port of Entry to Mexico.

REMINGTON MASTER SITE PLAN 9-21-2021

FINAL MAP REC Remington Subdivision Unit No 2 Final Map Recorded

Remington Condo's Recreation Area 8-10-20

144 Units - Remington

Property Facts Under Contract

Price	$1,950,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Apartment Units - Condo
No. Lots	1	Total Lot Size	17.14 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,950,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units - Condo
Total Lot Size	17.14 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,950,000	Lot Size	17.14 AC
Price Per AC	$113,768.96

Price	$1,950,000
Price Per AC	$113,768.96
Lot Size	17.14 AC

Level Land. Offsite improvements under construction. Price reduced to reflect Phase 1 escrow. Balance of 144 Units with some onsites completed.

Description

Level

1 1

(831) 464-5021

Contacts

Martin Boone
Kimberlee Kay
Sherman & Boone Commercial

Listing ID: 3917321
Date on Market: 10/4/2012
Last Updated:
Address: 249 W Highway 98, Calexico, CA 92231

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249 W Highway 98, Calexico, CA for sale Building Photo- Image 1 of 4 — Primary Photo

249 W Highway 98, Calexico, CA for sale Site Plan- Image 2 of 4 — Site Plan

249 W Highway 98, Calexico, CA for sale Site Plan- Image 3 of 4 — Site Plan

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