Description

Approved town home development! the city of tracy approved this 36-unit town home project containing (9) fourplex buildings, along with a private park and an hoa. this project is shovel ready for the builder/developer. approved plans are available upon request. each unit will contain 3 bedrooms and 2 baths on the upper level, and the first floor will have a kitchen, living room, dining room, full laundry and bathroom, along with access to the garage. the units will be approximately 1,540 square feet each, including a private garage. estimated memorandum of operations and analysis for the project are available upon request. the proforma for operations shows a 6% annual cap rate for the finished development, based on estimated costs and projected rents averaging $3,000/month per unit.

• Property Type

  Land

• County

  San Joaquin

• Style

  Land

• AD ID

  48483288