Approved RVTTM 7268 (“Property”) is located on an approximately 20.01 gross acre parcel (APN 527-010-09) that is currently zoned PUD and approved for a 176-unit gated townhome community. The fully entitled and fully engineered development contains good-sized 2- and 3-bedroom units, a recreational building, pool, tot lot and sport court. This infill Property is located at the NEC corner of Old Farm Road and Noriega Road, in a highly desirable area of Northwest Bakersfield. The Property is close in proximity to retail and service amenities and enjoys easy access to all areas of town via Olive Drive, Brimhall Road, Renfro Road, and the Westside Parkway. Somerset Village is final engineered with full set of approved improvement plans including grading plans and permit, sewer plans, storm drain plans, water plans, street plans, block wall plans and landscape plans. The project is also fully designed set of construction documents consisting of architectural plans, mechanical plans, electrical plans, plumbing plans and structural plans. Plans have been processed for building permit issuance and will only need 2020 Title 24 updates. Unit Mix Consists of: 88 – 1,364 SF 3 BD/2 BA (Two-story w/attached 2-car garage) 88 – 1,071 SF 2 BD/2BA (Two-story w/attached 2-car garage) Recreational Building – 2,500 SF (Gross)