4210 Ramada Dr, Paso Robles, CA 93446

The subject property is a proposed mixed use development on approximately 41.6 acres. There are 170 prepaid water meters that run with the proposed development. It is very difficult to obtain water in Templeton and the cost of water meters have gone up in price. The subject property area has high visibility from the 101 freeway and good access from interchanges which will give adequate appeal to investors and future tenants. Without entitlements approved or set in stone'' one could revise the mixed use element to meet today's market demand. Lender Owned; Subject to Bankruptcy Court approval and overbid; Addendum to accompany all offers; Property sold as is''. INTERESTED PARTIES MUST SUBMIT AN OVERBID FOR NOT LESS THAN $2,350,000 ON A SPECIAL FORM OBTAINED FROM LISTING AGENT NO LATER THAN 7/8/15 ALONG WITH CASHIER'S CHECK PAYABLE TO ESTATE FINANCIAL, INC IN AMOUNT OF $70,500. INCREMENTS THEREAFTER SHALL BE $10,000.