Bill Shopoff Sells Fee Simple Land Sale In Cathedral City For $8 Million With KW Commercial
California
See Similar DealsBill Shopoff Sells Fee Simple Land Sale In Cathedral City For $8 Million With KW Commercial
28555 Landau Boulevard
See Similar DealsSummary
The transaction involved a fee simple land sale encompassing 35 acres located at 28555 Landau Boulevard in Cathedral City. The sale was conducted for a total price of $8,000,000. The asset includes ground leases on 159 residential homes situated within the Desert Princess Community, which is adjacent to the DoubleTree Hotel and noted for its appeal in long-term housing.
Summary of transaction details:
- Property Type: Fee Simple Land Sale
- Transaction Amount: $8,000,000
- Address: 28555 Landau Boulevard
- Market: Cathedral City
- Acres: 35
- Seller: Bill Shopoff
- Brokers: Ryan Rembert, Josh Feldman & Mason Rowland - KW Commercial
The seller, Bill Shopoff, represents Shopoff Realty Investments, which specializes in opportunistic and value-add real estate investments. The brokers involved in the transaction, Ryan Rembert, Josh Feldman, and Mason Rowland, played a significant role in facilitating the sale of this property asset.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
