Address: 300 W Sequoia Cir, Porterville, CA 93257, USA
- Free And Clear Parcel Ready For Developers Concept
- (7) Shovel Ready Parcels | Utilities Stubbed & Impact Fees Paid
- Proposed 48 Multifamily Apartment Development
- 48 Units | (5) Two-Story Buildings | (16) Two Bed & (32) One Bed
- All Curb, Gutter, Street Lighting, & Underground Utilities In Place
- High Density That Allows Reduction in Minimum Setbacks
- Convenient and Close Highway Access Near Henderson Ave
- Regional Retail Developments On Henderson Ave Just Minutes Away
- Prime Location Near Major Intersections | Great Access & Easy Entrance
- Near Major Corridors servicing College, Airport, Downtown, & Schools
Property Description
Ideal development site split into (7) separate legal descriptions/APN's, dedicated city cul-de-sac road/curb/gutter & street lighting in place, all underground utilities stubbed, city water/sewer in place, majority of impact fees paid, and sites are graded to be shovel-ready. Site excluding the road totals ±2.03 Acres (±88,426.8 SF) with a tentative map for 48 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to Henderson Ave & many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Concept consists of (5) freestanding buildings with (3) different building types to produce (32) 1-bedroom units & (16) 2-bedroom units. The project provides ample parking with 2 1/2 cars per unit (124 spaces), 1/4 AC of open space of which 9,600 SF has active open space, and plans for a quality rod iron fence. Roads have adequate capacity, consistent with the land use, is within the holding capacity, conforms to policies, avoids traffic congestion, and is shovel ready.