This centrally located property is in the Palmdale Opportunity Zone has the highest density zoning in the City of Palmdale. Just under 2 acres, the property spans both 11th and 12th Streets East, allowing for exceptional access. Existing plans are for a 5-story apartment complex with 120 units and a proposed mix of 20 1-bedroom units, 80 2-bedroom and 20 3-bedroom units. It also includes plans for a gym, spa, onsite property management office and 2 community rooms. Parking will include an above-grade garage as well as a subterranean level. Property is close to public transportation, shopping, banks, Palmdale Playhouse, City Hall and Palmdale Library. Don't miss out on the chance to exponentially grow your portfolio as well as fulfilling the genuine need for housing in the Antelope Valley.

cash, conventional