Villagio Della Montagna

Transcription

1 O f f e r i n g M e m o r a n d u m Villagio Della Montagna Reno, Nevada 2 7 F i n i s h e d L u x u r y H o m e s i t e s 2 6 G r a d e d F i na l M a p p e d H o m e s i t e s p r e s e n t e d e x c l u s i v e l y b y R o n C o b b Principal Direct: (775) x103 Cell: (775) ron@commercialpartnersnv.com Pe t e r G h i s h a n, E s q. Principal Direct: (775) x105 Cell: (775) peter@commercialpartnersnv.com

2 2 Villagio Della Montagna Reno, Nevada T A B L E O F C O N T E N T S : I. Offering Summary 3 II. Property Details 4 III. Aerials and Maps 6 IV. 12 V. Taxes and Fees 18 Table of Contents

3 O f f e r i n g S 3 Offering Summary Commercial Partners of Nevada is proud to offer 27 finished luxury homesites and 26 graded final mapped homesites at the Villagio della Montagna in Reno, Nevada. This offering contains the most pertinent information regarding the property. A b o u t R e n o With a population of over 419,000, the Reno-Sparks Metropolitan area is the largest in Northern Nevada. It is located in the southern part of Washoe County, nestled on the eastern slope of the Sierra Nevada Mountains in an area called the Truckee Meadows. The Truckee Meadows and surrounding area provide unlimited indoor and outdoor recreational activities. Spectacular Lake Tahoe and the largest concentration of ski areas and ski facilities in the world: are all within a fifty-mile radius. Biking, camping, hunting, fishing and mountain climbing are all activities Reno residents and visitors enjoy. Reno/Tahoe International Airport is located approximately two miles from Downtown Reno, and is serviced by most of the major airlines. Reno/Stead Airport is a general aviation airport located about 15 miles north of the downtown area. It is home of the annual Reno National Championship Air Races. The City of Reno is host to an eight-day 50 s nostalgia celebration called Hot August Nights; the Great Reno Balloon Races; the Reno Rodeo, one of the largest rodeos in the west; the month long Artown festival in July, and various special events hosted by the Parks, Recreation and Community Services Department. T h e P r o p e r t y 27 Finished Luxury Homesites, ready for development 26 Graded Final Mapped Homesites, with a recorded final plat, dedicated water rights and rough grading. Former developer s previous estimate for completion of in-tract improvements was $1,100,000. O f f e r i n g P r i c e $3,700, Offering Summary

4 P r o p e r t y D 4 Property Details L o t s Average Lot Size: 13,549 SF Minimum Lot Size: 9,870 SF APN Size (SF) Lot , , , , A , A , A , A , , , A , A , A , A , , , , , , , , , , , , , , APN Size (SF) Lot , , , , , , , , , , , , , , , , , , , , , , , , , , All information contained in this memorandum has been deemed accurate but is not guaranteed. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Property Details

5 P r o p e r t y D 5 Property Details Property Details

6 A e r i a l s & 6

7 A e r i a l s & 7

8 A e r i a l s & 8

9 A e r i a l s & 9

10 A e r i a l s & 10

11 A e r i a l s & 11

12 F i n a l M a p 12

13 F i n a l M a p 13

14 F i n a l M a p 14

15 F i n a l M a p 15

16 F i n a l M a p 16

17 F i n a l M a p 17

18 x e s & F e18 Taxes & Fees H O A Fe e s $175 per month per homesite. The association is created specifically to maintain common area landscaping and lighting along the roadways. P r o p e r t y Ta x e s In 2010, annual property taxes for the entire offering were $26, I m p r o v e m e n t B o n d Buyer to replace Seller s existing security totaling approximately $413,354 in favor of the City of Reno for the completion of improvements required at the project. Phase 1 liability is approximately $13,944, while Phase 2 liability is approximately $399,410. E s t i m a t e d Pe r m i t Fe e s : Description Fee Per Unit* Regional Road Impact Fee $4, City Park Fees $1, Sewer Connection $5, Permit Fee $2, Plan Review Fee $1, Total**: $14, *Assumes a 2,800 SF home. **Estimate only. Please contact the City of Reno Community Development Department at (775) or online at reno.gov for details. Taxes & Fees