11 Laurel, Salinas, CA 93905

| MLS# 301836582

Offered at $1,700,000

11 Hill Circle is approved for a 53 Unit Housing Development project. This approval and expiration has been extended to April 17th, 2018 to begin construction. Project is marginally profitable. City has indicated a willingness to increase density to 85-90 units apartment project or more. Redesign to a traditional apartment project is possible with 2-3 buildings on part of the property. Ideal for affordable or subsidy, low income, or senior housing. Maps, City CUP paperwork for prior project, and Environme

LISTING PROVIDED BY

George . Renz & Renz

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