Lake Almanor, California

Bailey Creek Subdivision
Offering Memorandum
For Sale | Bank-Owned Development Opportunity
Lake Almanor, California
PRESENTED BY:
BILL KAMPTON
Senior Vice President
DIRECT +1 707 863 8377
[email protected]
BRETT JOHNSON
Multi-Family Investment Group
DIRECT +1 707 863 8451
EMAIL [email protected]
COLLIERS INTERNATIONAL
360 Campus Lane, Suite 101
Fairfield, CA 94534
www.colliers.com/fairfield
BAILEY CREEK SUBDIVISION | OFFERING MEMORANDUM
COLLIERS INTERNATIONAL P. 1
PROPERTY OVERVIEW
Overview Summary
Colliers International is pleased to present land within the Bailey Creek Subdivision for sale.
> THE OPPORTUNITY
This is an opportunity to acquire 113 single-family
residential lots within the Bailey Creek Subdivision in
Lake Almanor, CA as well as six (6) non-contiguous
parcels of 11.93 acres, 10.52 acres, 36.79 acres, 2.45
acres, 22.5 acres and 5 acres located within the same
subdivision. Of the 113 residential lots, 68 front on the
golf course.
> ASSESSOR’S PARCEL NUMBER
Assessor’s parcel maps and individual APN’s are
attached hereto.
> DUE DILIGENCE DOCUMENTS
Upon execution of the Confidentiality Agreement, we
will provide direct access to the Due Diligence
information.
> PURCHASE PRICE
The Seller has established an asking price of $1,547,000.
Based on review of the information, and development
knowledge, prospective purchasers should submit a
Letter of Interest with the business terms under which
to purchase this property.
Bailey Creek Subdivision’s strategic planning offers the following advantages:
> Situated on the prestiguous Lake Almanor peninsula
> Desirable vacation and second home market
> 18-hole championship golf course anchors subdivision design
BAILEY CREEK SUBDIVISION | OFFERING MEMORANDUM
COLLIERS INTERNATIONAL P. 4
PROPERTY OVERVIEW
Property Information
> GENERAL DESCRIPTION
Residential Subdivision Lots
> ZIP CODE
96137
> ACCESS
Highway 36 to State Route A13
> ADDRESS
Adjacent to State Route A13
> NUMBER OF PARCELS
119
> CITY
Unincorporated Area
> ASSESSOR’S PARCEL NUMBER
See pages 13-20
> UTILITIES
Electricity provided by PG&E, gas
service - propane, water and sewer
provided by local utility district.
> COUNTY
Plumas
> LAND AREA
±59.24 acres (±2,580,494 square feet)
> STATE
California
> SHAPE
Irregular
BAILEY CREEK SUBDIVISION | OFFERING MEMORANDUM
COLLIERS INTERNATIONAL P. 5