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Mesquite Terrace Estates, 50 Acres Residential Land Foreclosure, Mesquite, NV

DISCOUNTED: 50%
APPRAISED VALUE: $30,000,000
OFFERING PRICE: $15,000,000


INVESTMENT OFFERING
FORECLOSURE

50.34 NET ACRES RESIDENTIAL LAND
177 SINGLE-FAMILY PLATTED LOTS
MESQUITE TERRACE ESTATES
MESQUITE, NEVADA 89027


PROPERTY DETAILS
Bank Owned
Semi-developed Residential Land
50.34+/- Acres Residential Land
46 Fully Finished Lots Ready to Build
131 Platted Lots

LOCATION
Near Wolf Creek Golf Club
Kensington Road
Mesquite, Nevada

Appraised Value/BPO: $30,000,000
Discounted Offering Price: $15,000,000
Offered at 50% of Appraised Value



PROPERTY OVERVIEW
PROPERTY DESCRIPTION
   50.34+/- Acres Residential Land
   177 Platted Lots
PHYSICAL LOCATION Kensington Road between Oasis Boulevard and Canyon Crest Boulevard
   Mesquite Terrace Estates
   Mesquite,Nevada 89027
COUNTY Clark
LEGAL DESCRIPTION
   Parcel 12
   Misc File 4, Page 26
   Clark County Registry
SITE SIZE
   11.76+/- Acres – 46 Finished Lots
   38.58+/- Acres- -Partially Developed
   Total - 50.34+/- Net Acres
TOPOGRAPHY Level to Gently Sloping
CONDITION
   46 Single-Family Lots Fully Developed and Ready to Build
   131 Platted Lots – Rough Graded
LOT SIZES 5,725+/- Square Feet to 10,348+/- Square Feet
   Average Size 6,000 SF to 7,000 SF
UTILITIES Public
ZONING PD, Planned Development
LAND USE Master Planned Community
ENTITLEMENTS 177 Single-Family Residential Lots


OFFERING HIGHLIGHTS

  • MESQUITE IS THE FASTEST GROWING CITY IN NEVADA
  • PREMIER GOLFING DESTINATION
  • NO STATE, CORPORATE OR PERSONAL INCOME TAX
  • PRESTIGIOUS MESQUITE TERRACE ESTATES LOCATION
  • NEAR OASIS AND WOLF CREEK GOLF CLUBS
  • ENTITLED FOR 177 SINGLE-FAMILY RESIDENTIAL LOTS
  • UNOBSTRUCTED PANORAMIC VIEWS
  • 50.34+/- TOTAL ACREAGE
  • 46 FINISHED LOTS – READY TO BUILD
  • SUBDIVISION STREETS CUT AND PAVED FOR EXISTING LOTS
  • 131 PLATTED LOTS – ROUGH GRADED
  • UNDULATING TERRAIN
  • ALL PUBLIC UTILITIES
  • ZONED FOR PLANNED DEVELOPMENT
  • CLOSE TO SCHOOLS, SHOPPING, EMPLOYMENT CENTERS, MEDICAL
         FACILITIES AND CULTURAL AND RECREATIONAL VENUES
  • CONVENIENT ACCESS TO INTERSTATE 15
  • SHORT DRIVE TO BRYCE MOUNTAIN, VALLEY OF FIRE, GRAND CANYON,
         ST. GEORGE, UTAH AND FABULOUS LAS VEGAS


Contact Person's Name: James Jarrell
Contact Phone Number: +1 702-882-8657
Contact E-mail address: jjarrelldlgrealty@yahoo.com
Brokerage Name: DLG Realty and Investments

Submitted by: admin
Property ID Number: 16
Property ID Name: Mesquite Estates
Added: Wed Apr 23 2008
Last Modified: Wed Apr 30 2008

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