Rent Or Buy Solano County Half Way Buildings
Convert Buildings To Halfway Houses
Rent Or Buy Solano County Half Way Buildings
Convert Buildings To Halfway Houses
Convert To Multi-Family, Rehab, Sr Housing, Medical, School
CA Office Building Conversion
Between San Francisco & Sacramento $150 - $185+ SF
Sale By Owner
Existing Design Needs Less Modification:
City & State preliminary okay
Subdivided suites
Windows
Option period to get permits
5% owner financing 1-3 years
Good bones
Solano County Developer Opportunity:
Large Commercial Property For Sale By Owner.
Brokers Get 5%. FSBO For Sale By Owner.
Property Details:
• Conversion To: Multi-Family Housing, Rehab Facility, Sober Living, Senior Housing, Independent Living Care Facility, Government Funded Half Way Houses. Adults in need including LGBTQ+ and victims.
Medical Services.
• Many subdivided suites. Might make up to 50+ final suites. All with doors onto 4 ft wide hallways, or parking lot.
• Government OK Preliminary: California Checklist AB 2011.
• Gov programs encouraging office building conversion.
• Near well traveled roads.
• Contact FISBO owner directly for more details.
Permits:
State and City governments gave tentative Okays. Developer gets option period to secure permits.
Design:
35 to 50+ one or two bedroom units. Each sized 200 – 450 sf. Less construction due to relative ease of conversion.
5% Financing:
Owner financing possible for one or
more years from construction.
Solano - Oakland Market Research:
Big demand and limited supply for low-income housing. Analyze Solano demographics, income levels,
and existing housing conditions.
Understand why Solano and Oakland zoning laws and regulations related to affordable housing appear to be okay. Study Solano County’s commercial property conversion market in Benicia, Fairfield, Vacaville, Vallejo, plus nearby Napa, Contra Costa and Sacramento Counties. Look at nearby Oakland, Contra Costa and
Sacramento real estate comps too.
Types of California Halfway Houses:
State and for profit sponsored rehabilitation centers for sober living (drug rehabilitation). Mental health psychiatric services at leased California mental health buildings.
Affordable With 5% Financing
Feasibility Study:
Conduct a thorough feasibility study to assess the commercial property’s financial viability.
Save on commercial construction costs by the conversion. Estimate high California construction costs, operating expenses, and potential Solano low to medium rental income. Evaluate potential funding sources,
including grants, tax credits, and loans.
Solano County Site Selection:
Proximity to public transportation, park, schools, and other essential services. Located near large Solano hospitals. Appears to be a lack of existing Solano County commercial properties for: multi family residential, rehab facilities, senior housing, independent living care facilities, medical services, or private children's schools, in Benicia, Fairfield, Suisun City, Vacaville, Vallejo plus nearby
Napa and Contra Costa County.
Gov Halfway House Funding:
Explore available state and federal funding programs.
Property Management:
Establish a property management plan to ensure the ongoing maintenance and operation of the converted development. Consider partnerships.
No Worries:
• Existing Tenants will be handled by seller professionally, and hopefully be in a good or better situation than currently. You must agree to keep details confidential when communicating with Solano commercial property owner. Deal can be easier because seller is
experienced in commercial real estate.
• Disclaimers: Preliminary commercial real estate for sale by owner data needs to be confirmed by buyer during standard inspection and purchase process. Nothing guaranteed in this statement. Sold As Is.
• The commercial property for sale by owner and its address are not displayed. The Solano office building for conversion has business tenants for another use. Located in the Benicia, Fairfield, Vacaville, Vallejo area.
Look Into:
California Code authorizing commercial real estate conversion to multi family housing.
Rent entire property for 100+ beds for 20+ years with 10 year renewable leases. Government grants to convert property to halfway housing, including kitchen with dining room, additional bathrooms, ADA. Halfway house startup grants and loans.
California Halfway Commercial Real Estate Properties For Rent & Sale By Owners
Contact Experienced Commercial Property Owner Directly. Get The California Commercial Real Estate For
Sale By Owner Details.
Rent Or Buy California Half Houses From Owners.
Repurpose: Multi-Family Housing, Rehab Facility, Senior Care Housing, Independent Living Care Facility, Medical Building, or Private School Conversions. Solano County, California
Professional Halfway House Operators Contact Us
Contact Property Owner
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CA Halfway Real Estate For Lease Or Sale
Hours
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California Commercial Real Estate For
Sale By Owner
Convert:
Multi-Family Housing, Rehab Facility, Senior Housing, Independent Living Care Facility, Medical Services, or Children's School.
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