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PIERSON BLVD PIERSON BLVD KAREN AVE KAREN AVE CRESCENT ST CRESCENT ST COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T (760) 969-7357 THE HOFFMAN COMPANY EXCLUSIVE OFFERING BROKER CONTACT DESERT HOT SPRINGS QUICK FACTS Erik Christianson C (949) 910-7337 • T (949) 705-0920 echristianson@hoffmanland.com CA DRE #01475105 HOPEWELL VILLAGE II AT SKYBORNE MASTERPLAN UP TO 187 FINISHED SINGLE FAMILY & RECORDED LOTS | 5,500 SF. MIN LOT SIZE DESERT HOT SPRINGS, CA | COACHELLA VALLEY | RIVERSIDE COUNTY Home Price Last 12 Months (Re-sale + New) 11.1% 2 nd HIGHEST IN DESERT! Months of Inventory Only 2.5 Months 2 nd LOWEST IN DESERT! ENTRY MONUMENTATION COMMUNITY POOL NO. 2 PREVIOUSLY BUILT HOME (NATIONAL BUILDER) COMMUNITY POOL NO. 1 MAIN ENTRY OFF PIERSON BLVD CURRENT HOMES UNDER CONSTRUCTION SKYBORNE SKYBORNE HOPEWELL VILLAGE II 10 PALM SPRINGS PALM SPRINGS PROME NADE D R PROME NADE D R SKYBORNE is a 2,140-unit 608-acre, fully entitled master-planned community located in the western area of the city of Desert Hot Springs, California, near Hwy. 62, only minutes away from Palm Springs, and is within a short distance to the submarkets of Beaumont and Banning. The community was started with 178 previously sold homes last market cycle, and has recently re-opened initial phases with a regional builder whom has proved a strong sales pace of 6± home sales per month. The subject offering includes up to 187 finished lots (9 are slabs) within Hopewell Village II, consisting of manageable 5,500 sf. min. lot sizes. Distinguished by a high-end amenity base and existing infrastructure, Skyborne offers an established community feel and is the only master plan with finished lots available in the western portion of Coachella Valley. This location is also part of a rapidly growing new home market which has benefited from a robust job growth rate that is among the highest in the state of California. Skyborne offers one of the only opportunities in the region to deliver affordable new homes within a highly amenitized master plan setting. Skyborne is well-positioned to meet the growing demand from working households and mature households seeking affordable ownership opportunities given its close proximity to the Los Angeles MSA. Additionally, the projected home prices all fall within the FHA financing limit, while the city of Desert Hot Springs also qualifies for zero down USDA new home financing. Located just 10 miles from Palm Springs and only 5 miles to Interstate 10, the Property is easily accessible to abundant services, jobs and entertainment throughout Palm Springs and the rest of the Coachella Valley, as well as major employment centers in Riverside, San Bernardino, and Los Angeles counties. Beyond the subject 187-lot offering, additional villages may be available as either Active Adult or Market Rate neighborhoods. 62 ONLY AVAILABLE ENTRY-LEVEL FINISHED LOT HOMEBUILDER OPPORTUNITY IN WEST COACHELLA VALLEY MASTERPLAN AMENITIES INCLUDE RECREATION CENTER, 2 POOLS, PLAYGROUND, COMMUNITY PARK & DOG PARK PROVEN CURRENT SALES PACE 6/MONTH BEFORE MODELS OPEN! ($290K - $328K UP TO $182/SF.) WITHIN FHA PRICE BAND | RARE AREA QUALIFIES FOR 0% DOWN USDA MORTGAGE | LOW HOA ACTIVE CONTACT BROKER FOR OFFERING MEMORANDUM

PALM SPRINGS SKYBORNE

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Page 1: PALM SPRINGS SKYBORNE

PIERSON BLVDPIERSON BLVD

KAREN AVE

KAREN AVE

CRESCENT ST

CRESCENT ST

COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T (760) 969-7357

T H E H O F F M A N C O M P A N Y E X C L U S I V E O F F E R I N G

B R O K E R CO N TA C T D E S E R T H O T S P R I N G S Q U I C K FA C T S

Erik ChristiansonC (949) 910-7337 • T (949) [email protected] DRE #01475105

HOPEWELL VILLAGE II at SKYBORNE MASTERPLANUP TO 187 FINISHED SINGLE FAMILY & RECORDED LOTS | 5,500 SF. MIN LOT SIZE

DESERT HOT SPRINGS, CA | COACHELLA VALLEY | RIVERSIDE COUNTY

Home Price Last 12 Months (Re-sale + New)

11.1%2nd HIGHEST IN DESERT!

Months of Inventory Only 2.5 Months2nd LOWEST IN DESERT!

ENTRY MONUMENTATION

COMMUNITY POOL NO. 2

PREVIOUSLY BUILT HOME (NATIONAL BUILDER)

COMMUNITY POOL NO. 1

MAIN ENTRY OFF PIERSON BLVD

CURRENT HOMES UNDER CONSTRUCTION

S K Y B O R N ES K Y B O R N EHOPEWELL VILLAGE II

10PALM SPRINGSPALM SPRINGS

PROMENADE DR PROMENADE DR

SKYBORNE is a 2,140-unit 608-acre, fully entitled master-planned community located in the western area of the city of Desert Hot Springs, California, near Hwy. 62, only minutes away from Palm Springs, and is within a short distance to the submarkets of Beaumont and Banning. The community was started with 178 previously sold homes last market cycle, and has recently re-opened initial phases with a regional builder whom has proved a strong sales pace of 6± home sales per month. The subject offering includes up to 187 finished lots (9 are slabs) within Hopewell Village II, consisting of manageable 5,500 sf. min. lot sizes. Distinguished by a high-end amenity base and existing infrastructure, Skyborne offers an established community feel and is the only master plan with finished lots available in the western portion of Coachella Valley. This location is also part of a rapidly growing new home market which has benefited from a robust job growth rate that is among the highest in the state of California. Skyborne offers one of the only opportunities in the region to deliver affordable new homes within a highly amenitized master plan setting. Skyborne is well-positioned to meet the growing demand from working households and mature households seeking affordable ownership opportunities given its close proximity to the Los Angeles MSA. Additionally, the projected home prices all fall within the FHA financing limit, while the city of Desert Hot Springs also qualifies for zero down USDA new home financing. Located just 10 miles from Palm Springs and only 5 miles to Interstate 10, the Property is easily accessible to abundant services, jobs and entertainment throughout Palm Springs and the rest of the Coachella Valley, as well as major employment centers in Riverside, San Bernardino, and Los Angeles counties. Beyond the subject 187-lot offering, additional villages may be available as either Active Adult or Market Rate neighborhoods.

62

ONLY AVAILABLE ENTRY-LEVEL FINISHED LOT HOMEBUILDER OPPORTUNITY IN WEST COACHELLA VALLEY

MASTERPLAN AMENITIES INCLUDE RECREATION CENTER, 2 POOLS, PLAYGROUND, COMMUNITY PARK & DOG PARK

PROVEN CURRENT SALES PACE 6/MONTH BEFORE MODELS OPEN! ($290K - $328K UP TO $182/SF.)

WITHIN FHA PRICE BAND | RARE AREA QUALIFIES FOR 0% DOWN USDA MORTGAGE | LOW HOA

ACTIVE

CONTACT BROKER FOR OFFERING MEMORANDUM