Frank Goehringer

$2,100,000

4.85 Acres

Fairfield, California, 94533

Exceptional entitled-ready multifamily development opportunity: SB330 pre-application is already on file. This 4.85-acre infill development parcel is strategically positioned within one of Solano County's strongest housing markets and offers Residential High Density (RH) zoning supporting approximately 15-22 dwelling units per acre. The site presents a compelling opportunity for developers seeking to deliver: Market Rate Apartments Workforce Housing Affordable Housing Mixed-Income Communities Build-to-Rent Communities Senior Housing Located near Travis Air Force Base, Interstate 80, and major employment centers, the property benefits from strong housing demand and continued regional population growth. One of the few entitled-density opportunities in a market where Fairfield's planning efforts are increasingly focused on infill development. Entitled and zoned for 17-22 units per acre. Total useable acres: 3.94. Ignore .74 wetland acres & separate them from buildable units. The last buyer got approval for 134 units with a grace from the city. SEE ATTACHED Phase 1, Conclusions, Opinions and Recommendations, Mr. Vakili has performed a Phase I Environmental Site Assessment in conformance with the scope and limitations of ASTM Practice E1527-13 of the Subject Property. SEE ATTACHED TSD Engineering said, Looking at maximizing the multi-family building footprint is a 3-story walk-up garden-style apartment. Summary: QL 1 - 96 Units, 184 parking spaces (190 required) or get creative with the clubhouse location. QL 2 - 84 units, 184 parking spaces (166 required), has a traditional clubhouse and pool. Or you need to go vertical. See attached, CONCEPTUAL SITE PLAN - ALT. 1 Based on the data obtained during the site visit, the environmental database and historical documents review, and information provided by the site tenant, this assessment has revealed no evidence of recognized environmental conditions warranting further action in connection with the Subject Property. This Report complies with the ASTM Standard 1527-13. No additional services beyond the scope of the ASTM Standard 1527-13 were conducted as part of this Report. This is to certify that, based on the assessment of the Subject Property, review of all regulatory agencies' files, interview of the responsible party, and a visual site inspection, we hereby recommend no further action at the Subject Property