The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 6, 2021
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
IHP Capital Partners Buys Escondido Land for Townhome Project

2/09/21

In development news out of Escondido, IHP CapitalPartners acquired 4.9 acres of unimproved land for construction of 113 three-story townhomes. IHP partnered with California West Communities, a San Diego-based residential land developer and homebuilding company, in their eleventh joint venture to bring the new community, named Eclipse, to north inland San Diego County.

The residences at Eclipse will range in size from 1.1k sf to 1.6k sf. Floorplans will feature two to four bedrooms and a two-car, direct access garage. Unique from other actively selling or recently built for-sale multifamily developments in the area, 29 of Eclipse’s townhomes will offer four-bedroom layouts. Further, 54 (48%) of the townhomes are end units, providing ample natural light via windows and doors on three sides of the home.

Amenities within Eclipse include a recreation center with a swimming pool and jacuzzi in addition to a tot lot. The community will feature several landscaped open spaces throughout. Eclipse’s recreational area will be completed in the initial project phase with the model homes and the first stage of construction, allowing prospective buyers to view the community amenities while touring the residences.

The Eclipse homes will be priced below the County of San Diego Federal Housing Administration (FHA) loan limit, allowing prospective buyers to qualify for FHA financing. The project is currently in the early stages of development with groundbreaking planned for Q1 2021. Sales are anticipated to open in Q1 2022.

Eclipse is located at the southwest corner of Brotherton Rd and Centre City Pkwy (State Route 15), a main thoroughfare that leads to downtown Escondido. The property is within an established suburban residential area accessible to local restaurants and retail amenities. It is also less than one mile east of the Interstate 15 Citracado Parkway onramp, providing convenient access to San Diego County’s major employment centers in Carlsbad, Sorrento Valley and downtown San Diego.

The project is IHP’s sixth equity commitment in 2020, bolstering the company’s portfolio to 28 total active investments leading into 2021.






Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2021 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media