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 become 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 been submitted to the city as a pre-application. City's comments are in the supplements. Seller can obtain the entitlements for an additional $100k. Seller open to a joint venture.
Location
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Updated: 30th September, 2023 5:40 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 30th September, 2023 5:40 AM (UTC)
Listing Agent: Mohammad Nejad
Listing Office: CURB® - 100% Commission Broker
