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MARAVILLA TOWNHOMES SITE (Rancho Highlands II)

American Property Enterprises acquired the 21 acre site for $10 million in 2003 following foreclosure by the lender then sold it in 2005 for $20 Million to a publicly-traded homebuilder...

 

 

 

AMERICAN PROPERTY ENTERPRISES has been active in the Southern California, Arizona, and Nevada real estate markets since 1985, focusing upon the development of office, industrial, retail and multifamily residential properties. During this time the Company has acquired existing, value-added properties for renovation and/or repositioning and also developed speculative commercial and residential properties from the ground up. A hallmark of the Company since its inception has been the diversity of its investments; with the knowledge and successful experience gained from developing a variety of property types, the Company is exceptionally well-positioned to identify and successfully execute mixed-use development and redevelopment projects. 

The Company specializes in the following:

  • Acquisition of existing income properties in which significant potential upside value exists following rehabilitation, market repositioning, redevelopment of existing uses, and/or mapping for development of alternative uses such as multifamily or mixed-use projects.
  • Development of new income properties, including office, industrial, retail and apartments.
  • Development of new for-sale residential and commercial condominiums.
  • Provision of commercial and multifamily residential property management, leasing and consulting services to private and institutional investors.

The Company is currently seeking new investment opportunities in the southwestern United States including existing value-added commercial and residential property acquisitions, redevelopment sites, land, and both fee and speculative commercial and multi-family development projects.


NEWS:

2014-09-10 - MIXED-USE DEVELOPMENT SITE SOLD FOR $7.7M

5465 MOREHOUSE DRIVE SUITE 200
SAN DIEGO, CALIFORNIA 92121
PHONE: 858-546-7474
FAX: 858-546-7472

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