Dutra Land & Consulting Services, Inc43360 Mission Blvd, Suite 230Fremont, California 94539
1. Size
Approximately 1.86 Acres
2. # of Units &Type:
Will be delivered with Final Map Approval for 40 Condos + Manager's Unit and One Office
3. Condo Unit Sizes:
1,198 to 2,387 sq ft
4. 93 Parking Spaces:
2 parking spaces per unit provided in garages = 80 + 13 Guest Spaces
5. Open Space:
15,203 Sq. Ft. which is more than required
6. Density Bonus:
20%
7. Requirement:
7 Moderate Income units must be built
8. Nearby:
BART, Downtown, Restaurants, Highways 880 & 92, Japanese Garden and Southland Mall.
1. Price:
$167,500 per lot ($7,500,000 $6,700,000 total)
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 $225,000. 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:
Ninety (90) days after full execution of the PSA.