Property Detail - Land Advisors Organization

Transcription

Executive Summary
4
For Sale Project Map
20
Fee Schedule
6
For Sale Project Profiles
21
Due Diligence
7
New Home Pricing Chart
28
Regional Map
8
Local Map
9
Aerial Map
10
Confidentiality & Disclaimer
30
Vicinity Aerial Map
11
Brokerage Disclaimer
31
APN Map
12
Phasing Plan Map
13
Final Maps
14
Park Plans
18
Location
Entitlements
The subject site is located south of Woodward Avenue and east of Airport
Way.
Terra Ranch currently has an approved Tentative Tract Map. Seller will
deliver approved Subdivision Improvement plans and a Final Map ready to
record. Estimated timeframe to record the Final Map is May 2015.
Municipality
Property Condition
City of Manteca, County of San Joaquin
The property is currently in a unimproved condition. The seller plans to make
all offsite improvements and deliver the site in a super pad condition.
Developer
TR Land Company, LLC
Topography
The subject site is relatively flat.
Assessor Parcel Number
241-320-059
Homeowners Association
Acres
No Homeowner’s Association (HOA) presently exists for the project.
Approximately 74.52 gross acres.
Tax Information
Total yearly taxes are estimated to be $18,203.81 or $85.87 per unit.
Unit Count / Size
Phases
Unit Count
Lot Dimensions
Phase 1A
58 Units
6,000 (60’ x 100’)
Phase 1B
52 Units
6,000 (60’ x 100’)
Phase 2A
52 Units
6,500 (65’ x 100’)
Phase 2B
50 Units
6,500 (65’ x 100’)
Total:
212 Units
Zoning
The subject site is currently zoned R-1 (Single Family Residential).
Cost to Complete
Unit 2
Phase
1A
Unit 3
Phase
1B
Total Units 2 & 3
Phase 1A & 1B
Unit 4
Phase
2A
Units 5
Phase
2B
Total Units 4 & 5
Phase 2A & 2B
Offsite
Improvements
$31,790
$31,790
$31,790
$31,790
$31,790
$31,790
In-tract
Improvements
$11,500
$8,175
$9,868
$15,641
$13,613
$14,647
•
Per Unit Costs
* More detailed information in the Virtual Data Room.
Fee Schedule
Brokerage Disclosure
Typical building permit and impact fees based on a 2,000 SF house, 400 SF
garage, and 50 SF porch.
Paid By Buyer
at Lot Purchase
$4,208
Paid at Building
Permit
Paid at
Occupancy
Total
$19,853
$19,237
$43,118
The Seller and Buyer shall pay Land Advisors Organization a brokerage fee
pursuant to a separate agreement. See enclosed Brokerage Disclosures
for more details.
Asking Price
Submit offer.
* More detailed information in the Virtual Data Room.
Exclusively Represented by
School District
RJ Radler
Senior Marketing Consultant
CA BRE #01718101
3741 Douglas Boulevard, Suite 180
Roseville, CA 95661
Manteca Unified School District
• Veritas Elementary School (K-8)
State Rank: 6
API: 828
• Sierra High School (9-12)
State Rank: 6
API: 762
The State Rank is determined by a school's API Score in comparison to all
other schools in California. (1 is the worst, 10 is the best). An equal number of
schools occupy each rank. This rank comes from the 2013 California
Academic Performance Index (API) Base report. The API Score is a number
between 200 and 1000 that reflects a school’s or school district’s performance
on statewide student assessments.
Amenities
•
5 acre park within the project includes a sports turf, Frisbee golf course,
seating areas, as well as multiple play structures.
T. 916.784.3329 x12
rradler@landadvisors.com
Habitat Fee
SJVAPD
Agricultural Mitigation Fee
Fire
Major Equipment
Fire Plan Check and Inspection
San Joaquin County Facilities Fee
San Joaquin County Traffic Fee
MUSD School Fees
Surface Water Fee
City Business License Fee
Building Plan Check and Inspection
Misc. Building Plan Retention/Plot Plan/etc.
City Park Fee
Water Meter
Sanitary Sewer Treatment Fee
City Facilities Fee
PFIP Sanitary - Zone 25
PFIP Water
PFIP Storm Drain - Zone 39
PFIP Transportation Fee - Zone 2
Total
Paid By Buyer
Paid At
Building
At Lot Purchase
Permit
Occupancy
------------------------
------------------
------------------
------------------
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
3,693
335
-----------------------$
4,028
===========
Fees based on a 2,000 SF house, 400 SF garage and 50 SF porch.
$
$
$
$
$
$
$
$
$
$
$
714
638
350
213
1,826
3,014
7,252
3,784
900
1,080
82
-----------------$
19,853
=========
Paid At
2,447
281
5,964
4,128
310
3,083
359
2,665
-----------------$
19,237
==========
Total
3,693
335
714
638
350
213
1,826
3,014
7,252
3,784
900
1,080
82
2,447
281
5,964
4,128
310
3,083
359
2,665
-----------------$
43,118
==========
The following due diligence items* are available via Terra Ranch Virtual Data Room (“VDR”). Please contact Natasha Sheehan at 916.784.3329 x10
or nsheehan@landadvisors.com for access.
1.
Offering Brochure
o Terra Ranch Marketing Brochure
2.
Project Documentation
A. Costs and Fees
o Manteca Fees
o Terra Ranch Site Improvements Costs June 2014
B. EIR Reports
o Terra Ranch Subdivision DEIR Volume I
o Terra Ranch Subdivision Final EIR
C. Engineer Estimates
o Manteca Engineer Estimate
D. Engineer Reports
o Engeo_TerraRanch_WalthalSlough_LeveeEvaluation
o GMO Approval_Letter__11-14-12
o KSN_Proposed_RD17_Levee_Cross_Section
o McKinleyCrossingPhaseIESAUpdate-March23,2012
o McKinleyCrossing-PhaseIIReport-AgWell
o Terra Ranch Interim Drainage_Approved_FC
o Terra Ranch Subdivision MMRP
E. Final Maps
o 13-1358 calc 01-17-14
o 13-1358 PH1 BND SHT2
o 13-1358 PH2 SHT3
o 13-1358 PH3 BND
o 13-1358 PH3 MAP
o DRAFT-IN PROGRESS-13-1358 PH4 MAP SHT3
o DRAFT-IN PROGRESS-13-1358 PH5 MAP SHT3
F. Geotechnical
o Engeo_GeoTech_Exploration_Rvsd_6.23.13
G.
o
H.
o
I.
o
o
o
o
o
o
Park Plan
Manteca Park
Phasing Plan
manteca-phasing_plan
Tentative Maps
Ord 1496_Rezone
R2011-114_EIR
R2011-115_GPA
R2011_116
Terra Ranch Tentative Map Approval and Conditions
terraranch-study-map-07202011
*Subject to change
Subject Site
Subject Site
PHASE 2
PHASE 1
Phase 1
Phase 2
View from northwest corner of Avenida Encinas & Ponto Drive looking west toward Coast Highway and South Carlsbad State Beach
11
10
7
8 9
1 2
3
5 6
4
7
River Walk
Woodside Homes Lathrop
8
River Park
Woodside Homes Lathrop
9
Crossroads
Legacy Homes
Lathrop
10
Drake’s Bend at
River Islands
DeNova Homes
Lathrop
11 Woodbridge
Pulte/Del Webb
Manteca
12 Summit Collection
Atherton Homes Manteca
13 Wildwood
D.R. Horton
14 Orchard Park
Meritage Homes Manteca
13
Terra Ranch
Source: Land Advisors Organization Research
12
Map
Development
Builder
City
No.
Edgewater at River
1
DeNova Homes Lathrop
Islands
Windrift at River
2
Brookfield Homes Lathrop
Islands
Waterpointe at River Van Daele
3
Lathrop
Island
Homes
Enclave at Oakwood
4
Woodside Homes Manteca
Shores
Bella Lago at
5
Lafferty Homes Manteca
Oakwood Shores
Bella Vista at
6
Lafferty Homes Manteca
Oakwood Shores
14
Manteca
Features/Amenities:
• Summit Collection is in a great place
to live, work and play.
• Features four floor plans with 3 – 4
bedrooms that range from 1,841 –
2,568 square feet.
Location: Lathrop, CA
Open Date: Q2 2014
Total Planned: 46
Total Sold: 33
Tax Rate: 1.57%
Average Wkly Sales Rate: 0.89
Floor Plan
Features/Amenities:
• Windrift is located within the River
Island master-planned community.
• Features four floor plans with 3 - 5
2,800 square feet.
Open Date: Q3 2014
Total Planned: 121
Total Sold: 25
Tax Rate:1.57%
Type
List Price*
Bed
Bath
Sq. Ft. Price/Sq. Ft.
Floor Plan
Plan 1
1-Story
$358,900
3
3
1,841
$195
Plan 2
2-Story
$369,900
3
2.5
2,032
Plan 3
2-Story
$385,900
3
3
Plan 4
2-Story
$405,900
4
3
Type
List Price*
Bed
Bath
Plan 1
1-Story
$365,880
3
2.5
2,100
$174
$182
Plan 2
2-Story
$385,880
4
3
2,561
$150
2,304
$167
Plan 3
2-Story
$390,880
5
3
2,590
$151
2,568
$158
Plan 4
2-Story
$405,880
5
3
2,800
$145
*Pricing as of February 2015
Source: Land Advisors Organization Research, Real Estate Economics and Ryness
Open Date: Q2 2014
Total Planned: 68
Total Sold: 31
Tax Rate: 1.57%
Floor Plan
Features/Amenities:
• Waterpointe
has
inspired
architectural
designs,
including
California Ranch, European Cottage
and Craftsman style.
• Features three floor plans with 4 – 5
3,601 square feet.
Type
List Price*
Bed
Bath
Plan 1
2-Story
$444,925
5
Plan 2
2-Story
$445,990
Plan 3
2-Story
$456,090
Location: Manteca, CA
Open Date: Q3 2013
Total Planned: 47
Total Sold: 35
Tax Rate: 1.5%
Floor Plan
4.5
2,859
$156
4
4.5
3,184
4
3.5
3,601
Features/Amenities:
• Enclave offers luxury homes in a
private, gated community with
exciting amenities.
• Features three floor plans with 3
2,876 square feet.
Type
List Price*
Bed
Bath
Plan 1
1-Story
$335,990
3
2
2,034
$165
$140
Plan 2
2-Story
$361,990
3
2.5
2,410
$150
$127
Plan 3
2-Story
$385,990
3
2.5
2,876
$134
Open Date: Q1 2012
Total Planned: 144
Total Sold: 75
Tax Rate: 1.5%
Floor Plan
Plan 1
Features/Amenities:
• Bella Lago is located in a classic
Valley community with a genuine
hometown feeling.
3,628 square feet.
Type
List Price*
Bed
Bath
2-Story
$430,000
3
2.5
2,871
$150
Plan 2
2-Story
$445,000
4
3.5
3,240
$137
Plan 3
2-Story
$460,000
5
3.5
3,628
$127
Open Date: Q1 2012
Total Planned: 108
Total Sold: 99
Tax Rate: 1.5%
Floor Plan
Features/Amenities:
• Bella Vista is located in a classic
Valley community with a genuine
hometown feeling.
3,284 square feet.
Type
List Price*
Bed
Bath
Plan 1
1-Story
$382,000
3
2.5
2,292
$167
Plan 2
2-Story
$399,000
3
2.5
2,586
$154
Plan 3
2-Story
$420,000
4
3.5
2,902
$145
Plan 4
2-Story
$435,000
4
3.5
3,284
$132
Open Date: Q1 2014
Total Planned: 52
Total Sold: 5
Tax Rate: 1.3%
Floor Plan
Features/Amenities:
• River Park features parks, sports
fields, and a walking trail along the
San Joaquin River.
• Features four floor plans with 3 - 4
2,706 square feet.
Type
List Price*
Bed
Bath
Plan 1
1-Story
$305,990
3
2
1,656
$185
Plan 2
2-Story
$337,990
4
2
2,192
$154
Plan 3
2-Story
$347,990
3
2.5
2,352
$148
Plan 4
2-Story
$380,990
4
3
2,706
$141
Features/Amenities:
• River Park has nearby access to
Interstate 5, 120 and 205.
• Features five floor plans with 3
2,945 square feet.
Open Date: Q1 2014
Total Planned: 85
Total Sold: 31
Tax Rate: 1.3%
Floor Plan
Type
List Price*
Bed
Bath
Plan 1
1-Story
$323,990
3
2
1,879
$172
Plan 2
1-Story
$354,990
3
2
2,372
$150
Plan 3
2-Story
$352,990
3
2.5
2,581
$137
Plan 4
2-Story
$382,990
2
2
2,945
$130
Plan 5
2-Story
$408,990
4
3.5
3,285
$125
Features/Amenities:
• Crossroads has nearby access to
Interstate 5, 120 and 205.
2,150 square feet.
Open Date: Q2 2010
Total Planned: 113
Total Sold: 111
Tax Rate: 1.3%
Type
List Price*
Bed
Bath
1-Story
$271,990
3
2
1,546
$176
Plan 2
2-Story
$309,990
3
2.5
1,757
$176
Plan 3
2-Story
$329,990
3
2.5
1,985
$166
Plan 4
2-Story
$339,990
4
2.5
2,150
$158
Plan 1
Open Date: Q4 2014
Total Planned: 50
Total Sold: 16
Tax Rate:1.50%
Floor Plan
Floor Plan
Features/Amenities:
• Orchard Park is located just minutes
from downtown Manteca and 3 major
highways.
2,450 square feet.
Type
List Price*
Bed
Bath
Plan 1
2-Story
$309,000
3
3
1,866
$163
Plan 2
2-Story
$335,990
4
2.5
2,182
$154
Plan 3
2-Story
$375,900
4
3
2,450
$153
Open Date: Q2 2006
Total Planned: 1,407
Total Sold: 992
Tax Rate:1.25%
Floor Plan
Features/Amenities:
• Woodbridge community offers world
class amenities that promote health
and wellness, in a small town setting.
• Features four floor plans with 2
2,618 square feet.
Type
List Price*
Bed
Bath
Plan 1
1-Story
$289,990
2
2
1,329
$218
Plan 2
1-Story
$309,990
2
2
1,635
$190
Plan 3
1-Story
$339,990
2
2
1,841
$185
Plan 4
1-Story
$345,990
3
2
1,912
$181
Plan 5
1-Story
$366,990
3
2
2,019
$182
Plan 6
1-Story
$386,990
2
2
2,379
$163
Plan 7
1-Story
$399,990
2
2.5
2,618
$153
Open Date: Q2 2008
Total Planned: 281
Total Sold: 275
Tax Rate: 1.25%
Floor Plan
Features/Amenities:
• Summit Collection is located just
north of the intersection of Union
Road and Lathrop Road.
• Features seven floor plans with 2 – 5
3,844 square feet.
Type
List Price*
Bed
Plan 1
1-Story
$345,990
2
2
1,877
$184
Plan 2
1-Story
$392,990
3
2.5
2,128
$185
Plan 3
1-Story
$398,990
4
3
2,191
$182
Plan 4
1-Story
$409,990
3
3
2,477
$166
Plan 5
1-Story
$435,990
3
3
2,835
$154
Plan 6
2-Story
$449,990
5
4.5
3,412
$132
Plan 7
2-Story
$479,990
4
4.5
3,844
$125
Bath
Open Date: Q2 2014
Total Planned: 118
Total Sold: 41
Tax Rate:1.5%
Floor Plan
Features/Amenities:
• Wildwood is centrally located with
easy access to and from the Bay
Area and Central Valley cities.
3,386 square feet.
Type
List Price*
Bed
Bath
Plan 1
1-Story
$344,990
3
2.5
2,085
$165
Plan 2
2-Story
$359,990
4
2.5
2,472
$146
Plan 3
2-Story
$394,990
4
3.5
3,118
$127
Plan 4
2-Story
$411,990
5
4.5
3,386
$122
Open Date: Q4 2013
Total Planned: 274
Total Sold: 124
Tax Rate:1.46%
Floor Plan
Plan 1
Plan 2
Plan 3
Plan 4
Plan 5
Plan 6
Plan 7
Plan 8
Plan 9
Type
1-Story
2-Story
2-Story
1-Story
2-Story
1-Story
2-Story
2-Story
2-Story
List Price*
$366,990
$370,990
$380,990
$387,990
$396,990
$414,990
$406,990
$426,990
$441,990
Features/Amenities:
• Orchard Park is located just minutes
from downtown Manteca and 3 major
highways.
• Features nine floor plans with 3 – 4
3,743 square feet.
Bed
3
3
4
4
4
4
4
4
4
Bath
2
2.5
3
3.5
3.5
2.5
3
3
3
2,278
$161
$155
2,401
$145
2,630
$146
2,660
$136
2,927
$136
3,046
$132
3,085
$124
3,439
$118
3,743
$500,000
EFFECTIVE BASE PRICE
$450,000
$400,000
$350,000
$300,000
$250,000
1,000
1,250
1,500
1,750
2,000
2,250
2,500
2,750
3,000
3,250
3,500
3,750
4,000
4,250
4,500
SQUARE FEET
Edgewater at River Islansds
Windrfit at River Islands
Waterpointe at River Islands
Enclave at Oakwood Shores
Bella Lago at Oakwood Shores
Bella Vista at Oakwood Shores
River Walk
River Park
Crossroads
Drake's Bend at River Islands
Woodbridge
Summit Collection
Wildwood
Orchard Park
New Home Price Line
Source: Land Advisors Organization – California Division
The information contained in this offering material (“Marketing Brochure”) is confidential, furnished solely for the purpose of a review by prospective purchaser of
any portion of Assessor Parcel No. 241-320-059 within the City of Manteca, County of San Joaquin, California (“Property”) and is not to be used for any other
purpose or made available to any other person without the express written consent of Park Place Partners, Inc. d/b/a Land Advisors Organization (“Land
Advisors”). The material is based in part upon information supplied by TR LAND COMPANY, LLC (“Seller”) and in part upon information obtained by Land
Advisors from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all inclusive but rather only an
outline of some of the provisions contained therein. No warranty or representation, expressed or implied, is made by Seller, Land Advisors, or any of their
respective affiliates, as to the accuracy or completeness of the information contained herein or as to engineering or environmental matters. Prospective
purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own
independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any
potentially hazardous material located at the site.
This Marketing Brochure was prepared by Land Advisors. It contains select information pertaining to the Property and does not purport to be all-inclusive or to
contain all of the information that a prospective purchaser may desire. All assumptions are provided for general reference purposes only and are based on
assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation.
In this Marketing Brochure, certain documents and other materials are described in summary form. The summaries do not purport to be complete nor,
necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to
independently review all documents.
This Marketing Brochure is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation,
endorsement or advice as to the value of the Property by Land Advisors or the Seller. Each prospective purchaser is to rely upon its own investigation, evaluation
and judgment as to the advisability of purchasing the Property described herein.
Seller and Land Advisors expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and/or to
terminate discussions with any party at any time with or without notice. Seller shall have no legal commitment or obligation to any purchaser reviewing this
Brochure or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and
approved by the Seller and any conditions to Seller's obligations there under have been satisfied or waived. Land Advisors is not authorized to make any
representations or agreements on behalf of Seller.
This Marketing Brochure is the Property of Land Advisors and may be used only by parties approved by Land Advisors. The Property is privately offered and, by
accepting this Marketing Brochure, the party in possession hereof agrees (i) to return it to Land Advisors immediately upon request of Land Advisors or Seller and
(ii) that this Marketing Brochure and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Marketing
Brochure may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Land Advisors and Seller.
Please be advised, Buyer acknowledges that Park Place Partners, Inc. d/b/a Land Advisors Organization, may (1) act as an agent for more than one
prospective Buyer on the subject property and/or (2) act as the agent for both the Buyer and Seller on the subject property. Any prospective Buyer
requesting Land Advisors to submit an offer on its behalf acknowledges the foregoing disclosures and agrees to the described agency relationships
with other prospective Buyers.
The terms and conditions set forth above apply to this Marketing Brochure in its entirety.
DISCLOSURE AND CONSENT FOR REPRESENTATION
OF MORE THAN ONE BUYER OR SELLER
Excerpts From – C.A.R. Form DA, 11/06
A real estate broker, whether a corporation, partnership or sole proprietorship, (“Broker”) may represent more than one buyer or seller provided the Broker
has made a disclosure and the principals have given their consent. This multiple representation can occur through an individual license as a broker or through
different associate licensees acting for the Broker. The associates licensees may be working out of the same or different office locations.
Broker may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same
properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on
any particular property whether or not Broker represents other buyers interested in the same property.
Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers
for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers
than others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective
buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers.
Buyer and Seller understand that Broker may represent more than one buyer or seller and even both buyer and seller on the same transaction.
If Seller is represented by Broker, Seller acknowledges that Broker may represent prospective buyers of Seller’s property and consents to Broker acting as a
dual agent for both Seller and Buyer in that transaction.
If Buyer is represented by Broker, Buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to
Broker acting as a dual agent for both Buyer and Seller with regard to that property.
In the event of a dual agency, Seller and Buyer agree that: (a) Broker, without the prior notice written consent of the Buyer, will not disclose to the Seller that
the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the Seller, will not disclose to the Buyer that Seller
is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a Dual Agent is obligated to disclose known facts
materially affecting the value or desirability of the property to both parties.
NON CONFIDENTIALITY OF OFFERS: Buyer is advised that Seller or Listing Agent may disclose the existence, terms, or conditions of Buyer’s offer
unless all parties and their agent have signed a written confidentiality agreement. Whether any such information is actually disclosed depends on
many factors, such as current market conditions, the prevailing practice in the real estate community, the Listing Agent’s marketing strategy and the
instructions of the seller.
Seller and/or Buyer acknowledges reading and understanding this Disclosure and Consent for Representation of More than One Buyer or Seller and
agree to the dual agency possibility disclosed.
RJ Radler
Senior Marketing Consultant
CA BRE #01718101
3741 Douglas Boulevard, Suite 180
Roseville, CA 95661
T. 916.784.3329 x12
rradler@landadvisors.com
Corporate BRE #01225173

Property Detail - Land Advisors Organization

Transcription

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haycraft@frontier.com CAMPBELL FAMILY

Ann Elizabeth Ocean City, Maryland

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Zook Book™ Order Form

Family Dollar Hohenwald, TN

Manteca Bulletin - Manzanita Ventures