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FGG-Telfair Development Fund I, LLC

 

Santa Cruz, California

Property Status: Closed

Property Type: Development/Condo Conversion

Total Sq.Ft.: 8 Buildings / 128 Units

Close Date: October 2006

Proposed Build Date: 2007 - 2008

Description: 

Swan Lake Gardens is currently an apartment complex that has been approved by the State of California to be converted in to condominiums. The property sits on approximately 4 acres and is comprised of 128 units – 40 one bedroom and 88 two bedroom units.

Highlights

  • This property is located in a well-established residential and retail neighborhood that is being transformed into an affluent tourist and weekend get-away destination
  • Within walking distance of the world-famous Santa Cruz Beach
  • This is a unique opportunity to participate in a joint venture with Barry Swenson Builder, one of Silicon Valley's most recognized names in construction
  • The target market for the condominiums is first time buyers, existing renters, as well as the second home market segment (given its prime location to the beach).

For further information, please visit: http://swanlakehomes.com

 

 

 

 

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