Avenue 42 Indio, CA 92203

This exceptional 11.11-acre land parcel in Indio, CA (92203), presents a remarkable opportunity to acquire a fully approved 247-unit multi-family development, The Alexian at Northgate Crossing. Situated within a thriving 80-acre mixed-use master-planned community, this project boasts convenient access to I-10, Highway 111, and nearby La Quinta and Bermuda Dunes. The Alexian features efficiently designed one- and two-bedroom apartments (50% each), averaging 988 square feet, ranging from 707 to 1,086 square feet. The contemporary design incorporates three-story walk-up stacked flats with tuck-under parking, providing one enclosed garage per unit (approximately 147 tuck-under, remainder detached). Two-bedroom units also include a covered carport. Community amenities include a resort-style pool, club room, leasing office, and a 3,890 square foot fitness center. The project's location offers residents walkability to nearby retail, dining, and entertainment options, including Arco/AMPM/Car Wash, Sonic, McDonald's, and Del Taco, already established within Northgate Crossing. This development represents a rare opportunity to control a significant portion of the future residential rental supply in the rapidly growing Indio and La Quinta area, a location known as the new gateway to La Quinta and Northwest Indio. The Alexian is strategically positioned near the Jefferson Interchange, providing easy access to major thoroughfares and nearby attractions, including PGA West in La Quinta and Fantasy Springs Casino. This is a truly unique opportunity for a multi-family developer to secure a prime asset in a high-demand market.