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Commercial

Del Lago Apartments

Annamarie Ave, Patterson, CA 95363

Listing Price: $3,000,000

Lot Size
7.44 acres
Price/Acre
$403,226
Land Type
Land

Investment Overview

The city has indicated a willingness to consider rezoning the 7.44 acre parcel to accommodate multi-family development to complement the already existing commercial development and help the city achieve much needed housing for the growing workforce.

Patterson is a city in Stanislaus County, California, located off Interstate 5. It is 27 miles southeast of Tracy and is part of the Modesto Metropolitan Statistical Area. Patterson is known as the "Apricot Capital of the World"; the town holds an annual Apricot Festival.

Patterson is the eastern terminus of State Route 130 as defined by state legislation, although the route is unbuilt in Stanislaus County. A freeway has been proposed for construction along this route, passing directly through the Diablo Range west of the city toward San Jose and the San Francisco Bay Area. Interstate 5 borders the west edge of Patterson and Highway 33 traverses the east side and it is approximately 85 miles to San Francisco or Sacramento.


Investment Highlights

  • Preliminary plan available for 120 Apartments. Approx. 9 mos. to rezone to PD
  • Nearby demand drivers - job centers
  • Surrounded with new planned development
  • Direct access to Interstate 5
  • Additional new jobs coming to Patterson
  • All horizontal infrastructure complete

Exclusively Listed By

Listing Price: $3,000,000

Lot Size
7.44 acres
Price/Acre
$403,226
Land Type
Land

Investment Highlights

  • Preliminary plan available for 120 Apartments. Approx. 9 mos. to rezone to PD
  • Nearby demand drivers - job centers
  • Surrounded with new planned development
  • Direct access to Interstate 5
  • Additional new jobs coming to Patterson
  • All horizontal infrastructure complete

Investment Overview

The city has indicated a willingness to consider rezoning the 7.44 acre parcel to accommodate multi-family development to complement the already existing commercial development and help the city achieve much needed housing for the growing workforce.

Patterson is a city in Stanislaus County, California, located off Interstate 5. It is 27 miles southeast of Tracy and is part of the Modesto Metropolitan Statistical Area. Patterson is known as the "Apricot Capital of the World"; the town holds an annual Apricot Festival.

Patterson is the eastern terminus of State Route 130 as defined by state legislation, although the route is unbuilt in Stanislaus County. A freeway has been proposed for construction along this route, passing directly through the Diablo Range west of the city toward San Jose and the San Francisco Bay Area. Interstate 5 borders the west edge of Patterson and Highway 33 traverses the east side and it is approximately 85 miles to San Francisco or Sacramento.


Exclusively Listed By

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