340 Bridgevale RD, Hollister, CA 95023

Property Description

Two parcels on Bridgevale Road, Hollister, consisting of 1.826 acres (Parcel 31) and 1.428 acres (Parcel 32) for a total of 3.25 acres within the jurisdiction of the County of San Benito and zoned RM residential medium density up to 20 units/acre. The Parcels have views of the San Benito River and are across the street from a city park. Both parcels are being sold together and connected via easement. The property is ideal for building apartments and could accommodate approximately 55 units (36 units on parcel 31 and 19 units on parcel 32). The demand for apartment products in San Benito County is high. The property is approved for city water and sewer service, and only requires County over-the-counter (Administrative) County staff site plan and design approval to build apartments. A previous buyer has a current project for 55 townhome-style apartments approved by San Benito County for the two parcels. If a buyer is interested in the currently approved project design, the Seller can help arrange the purchase of the plans.