Investment Opportunity: Land for 19 Approved Condominiums (Townhouse Style)
H.C. MUDDOX BRICK
BENJAMIN MOORE STILLWATER - 1650
HEPPLEWHITE IVORY - HC36
GEORGIAN BRICK - HC50
SUMMER WHEAT - 1120
CREEKSIDE PODIUM TOWNHOUSES ARCHITECTS
CREEKSIDE 923 & 927 Meridian Avenue PODIUM-TOWNHOUSES PDC-05-082 San Jose, CA 95126
1176 Lincoln Avenue, San Jose, CA Ph. (408) 297-0288 Fx. (408) 297-0384
95125
Lot size: Approximately 21,000 square feet Offered at: $2,200,000
rabiarealty your real estate specialists
Phone: 408.393.7679 Email: ralizai@InteroRealEstate.com Web: www.RabiaRealty.com DRE #: 01911932
Table of Contents Property Description Conceptual Drawings Pricing & Financial Analysis Demographic & Area Information
rabiarealty your real estate specialists
Phone: 408.393.7679 Email: ralizai@InteroRealEstate.com Web: www.RabiaRealty.com DRE #: 01911932
Property Description 923 & 927 Meridian Avenue San Jose, CA
Investments Highlights: Near Major Highways: 880, 280 & 87 3 miles to San Jose State University 1 mile to San Jose City College Close by several grocery stores & convenient stores 3 miles to Downtown San Jose
Property Description: This is a development opportunity for 19 proposed townhomes. The price per proposed townhome is $115,789. Completed townhomes may be worth approximately $500,000 each. The development opprtunity is in a residential neighborhood existing zone. The general plan calls for approximately 19 units on this approximately 21,000-square foot lot.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
rabiarealty your real estate specialists
Conceptual Drawings On the next few pages you will find the conceptual drawings for Creekside Podium Townhouses. Below is a list of the drawings: Elevations East/South Elevations Interior West/East Elevations Interior South/North Site Plan - Parking Level Site Plan - Podium Level Garage Grading & Utility Plan Grading/Drainage Plan Building Floor Plans Type I & II Building Floor Plans Type III Unit Floor Plans Planting Plan Irrigation Zone Plan
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
rabiarealty your real estate specialists
BENJAMIN MOORE STILLWATER - 1650
HEPPLEWHITE IVORY - HC36
H.C. MUDDOX BRICK GEORGIAN BRICK - HC50
SUMMER WHEAT - 1120
CREEKSIDE PODIUM-TOWNHOUSES
PDC-05-082
ARCHITECTS 1176 Lincoln Avenue, San Jose, CA Ph. (408) 297-0288 Fx. (408) 297-0384
95125
Pricing & Financial Analysis 923 & 927 Meridian Avenue San Jose, CA
Price: Down Payment: Lot Size: (SF)
$2,200,000 20% $440,000 Approximately 21,000
Financing: Loan Amount: Loan Type Loan to Value:
$1,760,000 New 80%
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
rabiarealty your real estate specialists
Demographic & Area Analysis 923 & 927 Meridian Avenue San Jose, CA
Community Summary Population Growth (since 2010) Population Density (ppl / mile) Household Size (ppl) Households w/ Children
19% 9,890 2 28.45 %
Housing Stability Annual Residential Turnover 5+ Years in Residency Median Year in Residency
23% 26% 3
:
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
rabiarealty your real estate specialists