CST: 28/06/2016 22:36:32   

Presidio Residential Capital and Coastal Community Builders Sell Out Three New Communities in Atascadero, Calif.

91 Days ago

All Homes Sold at Estancia Estates, Carmel Canyon and Twin Oaks

ATASCADERO, CA--(Marketwired - Mar 29, 2016) - Presidio Residential Capital and Coastal Community Builders (CCB) announced that three new communities in Atascadero -- Estancia Estates, Carmel Canyon and Twin Oaks -- have sold out.

Presidio has partnered with CCB for a total of 15 residential communities and 780 units located in the Central Coast of California.

Estancia Estates is a secluded community of 10 single-level luxury family homes on half-acre-plus lots in the scenic hills of Atascadero. Offering spectacular views, the Monterey-style homes range from 2,253 to 2,692 square feet and include three-car garages. Some units have additional 531-square-foot casitas.

Carmel Canyon includes 17 single-level homes on lots just under an acre. Offered with four different floor plans, the Spanish and ranch-style homes range from 1,587 to 2,360 square feet with two- to three-car garages and ample outdoor living space.

Located just minutes from the heart of town, Twin Oaks at West Point Village features 26 reasonably priced single-family homes and six duplexes designed to accommodate families in every stage of life. One- and two-story homes were offered with six different floor plans ranging in size from 1,084 to 1,813 square feet.

"It is so rewarding to build in a community like Atascadero. Our three neighborhoods are so distinct and we are pleased to have been able to provide homes for a wide variety of homebuyers," Dave Daniels, CEO, Coastal Community Builders

The city of Atascadero is part of the San Luis Obispo - Atascadero - Paso Robles metropolitan area and is located along the 101 Freeway. Downtown Atascadero is home to first class art galleries, restaurants, micro-breweries, wine bars and entertainment. There are many redevelopment projects underway and planned in downtown including the rebuilding of Colony Square (the downtown entertainment district).

About Presidio
Presidio Residential Capital is a real estate investment company focused on the residential housing sector. Headquartered in San Diego, Calif., the firm provides capital for the entitlement, development and build-out of for-sale residential projects throughout the Western United States. Presidio has infused more than $500 million into the economy to capitalize the housing industry. The firm's goal is to fund an additional $250 million in capital for home-building projects in the Western United States, and it currently has investments in Arizona, California, Colorado, Nevada, and Washington. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Current assets under management total more than $2 billion. Presidio is a member of the Building Industry Association of San Diego. Online and social media: www.presidioresidential.com, Facebook, Twitter and LinkedIn.

Media Contacts:
Anton Communications
Vanessa Showalter
vshowalter@antonpr.com
Genevieve Anton
ganton@antonpr.com