Fantastic Student Housing- Military Housing- Families Welcome-
Dwelling Units to fit any lifestyle. Well thought out project allowing builder to develop in phases. De-risking the process of building, PLUS keeping current with demands and new community growth.
Overview:
West of Goldfields Parkway at Riverbank Drive, the property is the future home of a 400-unit multifamily development called Tanglewood Racquet Club. The new development will consist of one and two-bedroom units across 10 two-story buildings and 10 three-story buildings. Plans for the site include a community center and a storage building.
The future Tanglewood Racquet Club is located immediately behind Yuba College and six miles from Beale Air Force Base, both of which drive the need for housing in Linda. The future development is located near shopping and restaurants. It also offers easy access on and off Highway CA-70.
480 Luxury Apartments
Pro Forma at $15,000 Per Unit
Investment: $15,000
Unit Price: $15,000
2019 NUMBERS-
Please review with current costs to build and to sell or rent
ROI(If Sold Per Unit):
Year 1: $54,274
Year 2: $64,301
Year 3: $78,811
Year 4: $85,828
(Subsequent Over 4 Phase buildout)
See “OM” for more Details
Location:
West of Goldfields Parkway at Riverbank Drive.
OM:
Apartments Sketch (Phase) Layout
