0 Mt. Oso AVE new

Tracy,CA 95376

$ 2750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225012138

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 3.390 Acres

Acres 3.39

Property 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.

Location

State CA

County San Joaquin

Area 20601

Zoning Res

Direction From Central, west on Mt. Diablo Ave. From Tracy Blvd., east on Mt. Diablo Ave.

Exterior

Fence Other

Utilities Available See Remarks

Water Access Desc See Remarks

Topography Mostly Level

Street Surface Paved

Road Frontage City Street

Building

Lot Description Shape Irregular,Paved

Sewer See Remarks

Water See Remarks

Schools

Elementary Schools Tracy Unified

Middle Schools Tracy Unified

High Schools Tracy Unified

School District San Joaquin

Others

Senior Community No

Tax ID 235-100-77

Special Listing Condition None

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