105 Fully Improved Single Family Permit-Ready Lots For Sale or Joint Venture
Regal Properties, in collaboration with Capital Real Estate Solutions LLC (“CRES”), controls 105 fully improved, building permit-ready, residential lots ranging in size from 7,000-13,883 square feet, in the City of Kerman, about 15 miles from downtown Fresno. This thriving farm community has all the required retail services and amenities, including banking, food and drug stores, and a new Super Wal-Mart. The lots are situated on the west side of town by Highway 180 and nearly adjacent to Kerman High School. Demand for housing in the area is strong and new supply is non-existent. The lots come with a rolling option to purchase in groups of 10 every 6 months, and a lender commitment to provide 5% non-recourse construction financing for six speculative homes and all pre-sold homes.