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- LoopNet Team
0 Goldfields Pky
Linda, CA 95901
Tanglewood Racquet Village · Land For Sale
·
17.52 AC
INVESTMENT HIGHLIGHTS
- Approved for 408 Luxury Apartments and 44K SF Self Storage, permits pending
- Strong demand drivers from higher income renters plus Beale AFB, Yuba College, and Enterprise Rancheria/Hard Rock Casino
- Amenities include Community Center with clubhouse, heated pool, fitness center, basketball, pickleball, playground
- No competition within 25 miles
- Potential for higher unit count
- State-of-the-art art green package includes solar panels which can reduce tenant energy bills and smart EV charging system
PROPERTY FACTS
DESCRIPTION
Tanglewood Racquet Village is the only large-scale multi-family approved project consisting of 408 luxury apartments, designed as three-story garden-style product with surface parking and countless amenities in Yuba County, California. There is extremely high demand and absolutely no competition in a County experiencing extremely rapid higher income growth with no apartment vacancies within 25 miles. The rental market is primed with strong drivers including: Beale Air Force Base with 3,000 new personnel, a significant waiting list for housing and a high housing allowance, Yuba College located adjacent to site with Professors and Students, and the Enterprise Rancheria which is acquiring 350 acres adjacent to the tribe's Hard Rock Fire Mountain Casino which already generates over 2,000 jobs. Entitlements are approved and construction drawings have been completed with building permit approvals coming soon. The Project can be built at one time or in four phases. Amenities will include a Community Center with clubhouse, heated pool, 44k SF onsite storage facility, fitness center, basketball courts, pickleball courts and a playground. Tenants will benefit from a state-of-the-art green features package consisting of a solar panel system which can reduce their energy bills and smart EV charging
PROPERTY TAXES
| Parcel Number | 019-230-091-000 | Improvements Assessment | $0 |
| Land Assessment | $1,729,053 | Total Assessment | $1,729,053 |
PROPERTY TAXES
