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Dutra Land & Consulting Services, Inc43360 Mission Blvd, Suite 230Fremont, California 94539
PROPERTY HIGHLIGHTS
The property is close to Downtown Sacramento and State Route-99, the Sacramento Executive Airport, and the Bing Maloney Golf Course.
The site is ideal for Multi-Family Residential development.
APNs: 37-242-280 & 37-242-270
Approximately 1.72 Acres
Zoning: Commercial (High Density Residential Allowed)
Zoning allows up to 30 Residential Units per Acre
Ideal for up to 3-Storey Apartment Building or Condos w/ access from 3 streets
Project Location
Suggested Offering Guidelines
1. Price:
$ 2,250,000 based on $75,000 per approved Residential Unit for minimum of 30 Units
2. Terms:
All cash at the close of escrow
3. Feasibility Period:
Forty-Five (45) days from a signed Purchase and Sale Agreement.
4. Deposits:
Buyer to open escrow with a refundable deposit of $75,000. Upon approval of the feasibility period, the deposit shall become non-refundable, released to Seller, and be applicable to the purchase price.
5. Close of Escrow:
Forty (45) days after full execution of the PSA.
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