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1500 E St - HD MF Land 4.49 Acres of Residential Land Offered at $1,059,165 CAD in Williams, CA 95987

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Investment Highlights

Multi-family High Density (16-24 du/ac.) zoned land

Executive Summary

AUCTION: Pursuant to the provisions of the California Education Code, the Williams Unified School District hereby gives public notice of its intent to sell the following described real property: Address: 1500 E Street, Williams, CA 95987 Assessor's Parcel Number: 005-201-043 Size: Approx 4.5 acres Current Zoning: Urban Residential High Density The Board Of Education has determined that the above-described property is no longer necessary for school purposes and has declared it surplus. Proposed Action: The District intends to sell the property through public bid in accordance with applicable state laws. Submission of Offers: Interested parties may submit written offers to: Sandra Ayon, Ed.D., Superintendent 260 11th Street, Williams, CA 95987 sayon@williamsusd.net (530) 473-2250 Bid Opening: Bids will be opened and read aloud at a board meeting on June 16th at 5:00pm in the District Board Room at 260 11th Street, Williams, CA 95987. Following that, the District will call for oral bids. Additional Information: The minimum bid price is Seven Hundred and Sixty Five Thousand Dollars ($765,000.00). Further details, including bid instructions/forms and terms of sale/contracts may be obtained from the District Office during regular business hours or via the District's website at www.williamsusd.net or Jeremy Bernau, Broker, Bernau Realty 916-355-1333, Email: jbernau@sbcglobal.net Website: https://bernaurealty.com/. City water and sewer located in Virginia street adjacent to site.

Property Fact Sheet

Property Facts

Price	$1,059,165 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	4.49 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-U-HD - Minimum density 16 units/acre. Maximum density 24 units/acre.

Price	$1,059,165 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily
Total Lot Size	4.49 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-U-HD - Minimum density 16 units/acre. Maximum density 24 units/acre.

1 Lot Available

Lot

Price	$1,059,165 CAD	Lot Size	4.49 AC
Price Per AC	$235,894.30 CAD

Price	$1,059,165 CAD
Price Per AC	$235,894.30 CAD
Lot Size	4.49 AC

4.49 acres of HD MF residential land in the City of Williams. The property is located on the northwest corner of E Street and Virginia Street. The minimum density is 16 units per acre.

Description

The Urban Residential, High-Density district is intended to provide for higher density multifamily products with a minimum of 16 units per acre. Per the City of Williams, the maximum density is 24 units to the acre. Multiplex and multifamily housing is limited to use in the R-U HD district, if it is a minimum of sixteen dwelling units per acre. Multiplex and multifamily housing of less than sixteen dwelling units per acre is a conditional use and shall not be allowed unless a conditional use permit has been granted by the city. Housing other than multifamily housing is not permitted in the R-U HD district, unless a conditional use permit has been issued. Such developments are limited to the following types of mixed housing cluster, or traditional neighborhood development. If issued a conditional use permit, allowable secondary uses include but not limited to: detached single-family dwellings, manufactured homes, multiplex, traditional neighborhood development, home parks, police or fire stations, and residential care homes.

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