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REO – Mix use San Clemente project
Category: Commerical REO
Not listed on market
Mix use San Clemente project:
The address is – 1520 N. El Camino Real, San clemente, CA
Status – the project is 100% complete
Recent comp $ 400 per sq ft across the street
Offered at $7.5 to $8mm – MAKE OFFER
Members Only Request Project Information – NO BROKERS
Here’s some add’l info:
- There is an appraisal value with high of $14.25 mil and the low was $9.76 mil done in 01/07/08.
- The project was built as a condo project mixed use project which is 98% completed.
- The developer had over $3 mil invested plus a $6.5 million construction loan fully drawn down.
- The property is now REO
- For the right buyer, the bank may provide financing.
NPNs Nationwide Commercial $19M Porfolio
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- Gary Martin, Allied Investments














