0 Mt. Oso Avenue Tracy, CA 95376
Listing Courtesy of: Metrolist / Coldwell Banker Valley Central / David Ormonde

  0 Mt. Oso Avenue Tracy, CA 95376

Active (23 Days)
$2,750,000

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.

MLS #:
225012138
Lot Size
3.39 acres
Type
Land
School District
Tracy Unified
County
San Joaquin County

Listed By

David Ormonde, DRE #00783319 CA, Coldwell Banker Valley Central
Source
Metrolist
Last checked Feb 22 2025 at 10:36 PM GMT+0000
Bathroom Details
Lot Information
  • Paved
  • Shape Irregular
Property Features
  • Mostly Level
Utility Information
  • Utilities: See Remarks
  • Sewer: See Remarks
Land Tenure
  • Other
Location
   
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