Description
Seller has Plans for 52 units for active seniors (55+). Each building has 6 units. All buildings are two stories. Can be condos or rentals. Very easy to build. There is shortage of these types of units as every year millions more becomes seniors. Rents are market rate for these units. Current lot size is 0.55 acres, however, the seller will be doing a lot line adjustment to increase the parcel size for this project to approx. 1.3 acres. Plans have not been submitted to the city yet. Seller can obtain the entitlements for an additional $75k.
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0BEDS
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1.38ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Seller has Plans for 52 units for active seniors (55+). Each building has 6 units. All buildings are two stories. Can be condos or rentals. Very easy to build. There is shortage of these types of units as every year millions more becomes seniors. Rents are market rate for these units. Current lot size is 0.55 acres, however, the seller will be doing a lot line adjustment to increase the parcel size for this project to approx. 1.3 acres. Plans have not been submitted to the city yet. Seller can obtain the entitlements for an additional $75k.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Blomgren & Blomgren | Bennion Deville Homes. Licensed in the State of California, USA.