Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in Maple Court Development (“the Property”), located at 290 Maple Court in Ventura, California. Maple Court Development represents a rare opportunity to acquire a 2.20-acre coastal development site with in-place income in an irreplaceable Ventura location. Current entitlements allow for 134 units, but a minor modification that when involves a reduction in density, would be within the scope of the Project’s existing CEQA clearance, require no public hearing, and only take approximately 3 months. ~Entitled for 134 multifamily units — with city-supported flexibility to convert to 59–63 luxury townhomes via simple minor modification (3-month timeline, no hearing). ~Fully Approved Under SB330 – Vested and Non-Appealable ~Office Building with In-Place Income to Offset Carry Costs ~Option to Convert to 59–63 Luxury Townhomes • Only a Minor Modification Required with City • No Public Hearing Required • Estimated 3-Month Approval Process ~Located 2 Miles from Ventura Beach