2861 Armstrong Road, Riverside, CA 92509 - Riverside County

This property is over 11.5 acres in a prime location, it includes two parcels, 174-340-026 and 174-340-027. This property backs to the Oak Quarry Golf Course. It is currently being used as a Horse Ranch and produces approximately $9000 per month in Net Revenue while the purchaser is finishing up the entitlement process. Currently we have preliminary approval for 35 Single family homes and 46 townhomes, please see attached supplements. This is a great opportunity for the right buyer/ developer. This Properrty has also been zoned for commerical development