CLOVIS ESTATES

1. Address:

258 – 262 Clover Rd, Tracy

2. Zoning:

Multi-Family Vacant Land

3. APN’s:

214-430-460-000 (258 Clover Rd.)

214-430-470-000 (262 Clover Rd.)

4. Total Lot Size:

Approximately 2.15 ac including 2 Streets dedicatedto City of Tracy

5. Zoning:

9 Lots with 18 Townhomes or 9 Single Family Homes

6. Availability:

Immediately

1. Price:

$ 2,295,000 ($127,500 per Townhome)

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.