3050 Jacaranda Way, Hemet, CA 92545

Property Description

Seven Hills Membership Club and Recreation Center. A superb 1031 exchange property. Truly a rare opportunity for the savvy investor to greatly benefit from the tremendous upside potential. The investment appeal of this asset is driven not only by current income but substantially by the property's value-add component through the upgrade of membership. The Center is currently owned by a retiring out of country owner who says SELL! The Center serves and is benefited by more than 1100 homes located within the immediate Seven Hills retirement complex, providing a built-in cache of potential club members to draw from. This property presents a rare opportunity to own this beautiful income property set on over 2 acres in the heart of the Seven Hills 55+ community. Seven Hills Membership Club and Recreation Center offers a great investment fit for an investor seeking a low maintenance, low involvement entity. Bring your marketing skills and the vision to build and greatly increase membership and income. The Center offers a myriad of amenities for all including Swimming pool, Indoor spa, Huge indoor 5000 sq. ft. Shuffleboard room, Gym and Workout room, Billiards room, Library, Conference rooms, Grand Ballroom, Card room, and more. Member activities include Golf, Bingo, Karaoke, Bunco, Poker, Bridge, Canasta, Movies, Ping Pong, Yoga, Exercise classes, Field trips and more. Hurry on this great opportunity. Don't miss out!