PROPERTY DESCRIPTION

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.