• Rare Approved and Read-to-Go Development Opportunity for 8 Townhome Residential Units in Prime Valley Glen Neighborhood
• Building Plans Have Been Approved and Permits are Ready to Issue
• Demolition Permit has been Applied For
• Project is “Ready to Build” - Buyer Can Start Construction Soon After the Close of Escrow
• Plans Approved for the Property to be Built to Condo Specs
• 8 Townhouse Units to be Built Initially as an Apartment Building
• An Existing and Drawn Condo Tract Map Awaits Election of the Owner for Later Individual Condo Sales and is Currently Not Approved
• The Project consists of 8 Large Townhome Units with Private Entrances and Private Rooftop Decks
• The Unit Mix is as follows: FOUR (4) – 3 Bedroom/ 3 Bath & FOUR (4) – 2 Bedroom / 3 Bath Units
• All Units Each have individual Water, Gas, & Electric Meters – Giving Low Operating Expense as an Apartment Development
• No Affordable or Rent Restriction Units
• 2 Garage Parking Spaces Per Unit with 4 Additional Garage Guest Spaces.
• Substantial Cost Savings to Build - No Subterranean Parking; Parking is On-Grade
• Property has been Value-Engineered with Efficient Construction Plans (Back-to-back fireplaces, conduits for electric, gas, water, etc.)
Thus, Lowering Construction Costs
• No Tenant Relocation Expenses, as the Existing Single-Family Home is vacant and Ready to Demo
• The Property Sits on 9,061 Square Foot Lot with LAR3 Zoning
• Ready-to-Go Status Saves Substantial Time, Effort, Cost, and Limits Development Risk; This Time and Effort Saving is Rare and Valuable
• The Seller will Sell Home and Ready-to-Issue Permits & Plans, But will also Entertain a Joint Venture Proposal
