72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

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72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers In-ternational and/or its licensor(s). Real estate officer license corporation identification number 01908588. ©2019. All rights reserved.

Prepared by

MATT SARROVice President+1 916 563 3026matt.sarro@colliers.comLicense #01942991

AARON FREDERICKExecutive Vice President+1 916 830 2584aaron.frederick@colliers.comLicense #1298833

COLLIERS INTERNATIONAL301 University Avenue Ste 100Sacramento, CA 95825+1 916 929 5999www.colliers.com/sacramento

Colliers International is seeking a qualified multifamily developer to acquire up to 2.57 acres of prime real estate within Marysville, California (Yuba County). East lake Apartments is situated in the heart of Downtown Marysville just East of Ellis Lake and located directly off of Highway 70 which is a major north-south thoroughfare connecting to Interstate 65 and highway 80 to Roseville – Rocklin / Sacramento. The subject property consists of 2.57 Acres zoned “R-4 / Multifamily – Vacant Land” and is planned for a 72-unit Luxury apartment community.

1300 Ramirez Street, Marysville, CA

72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

MARYSVILLEADVANTAGES

MAJOR EMPLOYERS

» Marysville is the county seat of Yuba County situated 40 miles north of Sacramento at the confluence of the Feather and Yuba Rivers at the northern end of the Sacramento Valley.

» There are approximately 12,602 residents who call Marysville home today, in addition to 612 businesses and more than 8,300 employees.

» There are about 5,400 housing units in Marysville with more renter-occupied homes (55%) than owner-occupied (35%).

» Beale Air Force Base is a 30 minute drive east of Marysville, Sutter County Airport is located across the Feather River in Yuba City, and Yuba County Airport is a shirt drive south of the city. Lake Tahoe and the San Francisco Bay Area are both within a two hour drive or less. Marysville is an easy day trip from the big Northern California cities and is made up of residents who are content with its small town charm and laid back culture.

EMPLOYER # OF EMPLOYEES

Beale Airforce Base 11,540

Marysville Joint Unified School District 1,000 - 4,999

Rideout Regional Medical Center 1,000 - 4,999

Health & Welfare Agencies 250 - 499

Walmart 250 - 499

Marysville Post-Acute 100 - 249

Recology Yuba Sutter 100 - 249

CALTRANS 100 - 249

United States Post Office 100 - 249

Wilbur Richard R Ranch 50 - 99

FoodMaxx 50 - 99

“IN 2017, MARYSVILLE WAS NAMED ONE OF THE BEST SMALL TOWNS IN AMERICA TO DO BUSINESS.”

DEMOGRAPHICS (WITHIN A 5-MILE RADIUS)

80,132TOTAL POPULATION

27,419HOUSEHOLDS

YUBA

ST

RAMIREZ ST E 13TH ST

E 14TH ST

72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

East Lake Apartments is a shovel ready 2.5+ acre luxury planned

apartment community. The demand for luxury living within the town of Marysville is growing as tenants are leaving other markets due to congestion and unaffordability.

Marysville, CA is the neighbor to Roseville-Rocklin and Sacramento

and is perfect for affordable, luxurious, workforce housing.

Price: To be determined by market

Property Address 1300 Ramirez Street, Marysville, CA 95901

# of Units 72

# of Buildings 4

# of Stories 3

Lot Size 2.57 Acres

Type of Ownership Fee Simple

Parking 121 Total on Site

Topography Flat

Development Impact Fees $8,500/unit

PROPERTY OVERVIEW

72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

ELLIS LAKEYUBA RIVER

SITE E 14TH ST

E 15TH ST

E 13TH ST

E 12TH ST

E 11TH ST

E 10TH ST

COVILLAUD ST

BUCHANAN STSAMPSON STSW

EZY ST

RAMIREZ ST

YUBA ST

B STELLIS LAKE DR

14TH ST

East Lake, a 72 unit apartment site shovel ready, complete with approved plans. Plans are through plan check, ready to pull permits. Building permits fees are reduced at infill prices. The City of Marysville, which adjoins Yuba City, was ranked as one of the 2017 “Best Performing Small Cities” in America by the Milken Institute. The Milken Institute recognizes trends and factors that power regional growth. The City’s ranking is calculated using data related to job creation, wage gains and technology trends that shape current and potential growth patterns.

72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

20

70

65

RIDEOUT & FREMONT MEDICAL CENTER

MARYSVILLE POST-ACUTE

CALTRANS

UNITED STATE POST OFFICE

FOODMAXX

WILBUR RICHARD R RANCH

RECOLOGY YUBA SUTTER

WALMART

MARYSVILLE JOINT UNIFIED SCHOOL DISTRICT

BEALE AIRFORCE BASE

SITE

72 LUXURY APARTMENTS PLANNED COMMUNITYLOCATED IN THE VIBRANT, HISTORICAL AND ECLECTIC CITY OF MARYSVILLE

LOCATION SUMMARY

SACRAMENTO

SOUTH LAKE TAHOE

RENO

NAPA

SAN FRANCISCO

RESTAURANTS/SHOPPING NEARBY

SCHOOLS/PARKS NEARBY

EMPLOYERS NEARBY

SITE

DRIVE TIMESSacramento 42 Min / 40.1 Miles

Napa 1 Hr 42 Min / 95.9 Miles

San Francisco 2 Hrs / 118 Miles

South Lake Tahoe 2 Hrs 31 Min / 143 Miles

Reno 2 Hrs 19 Min / 125 Miles

Panda Express0.9 Miles

Yuba Sutter Mall3.4 Miles

McKenney Middle School1.2 Miles

Marysville City Unified School District

1.7 Miles

Round Table Pizza0.6 Miles

Dollar Tree0.5 Miles

Marysville High School0.7 Miles

Caltrans District 30.6 Miles

Starbucks1.2 Miles

SaveMart1.7 Miles

Miner’s Square Park0.3 Miles

Rideout Memorial Hospital1.7 Miles

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.

All information is from the seller and/or other sources deemed reliable and has not been independently verified. No representation, warranty or guarantee, expressed or implied or by operation of law, is made as to the accuracy, reliability, or completeness of this information. This material is submitted subject to errors, omissions, changes, prior sales, or withdrawals without notice. All transactions are subject to bankruptcy court approval.

MATT SARROVice President+1 916 563 3026matt.sarro@colliers.comLicense #01942991

AARON FREDERICKExecutive Vice President+1 916 830 2584aaron.frederick@colliers.comLicense #1298833