Property Details
About this Property
Introducing a shovel-ready ready development opportunity of a modern multifamily apartment complex in the path of development! This is the only multi-family project of significance in the area and it can start in 2025! The project is set on a 9.39-acre site with 6.6 acres utilized for 132 units in Phase One under the RD-20 zoning regulations. When completed, this four-story development will feature 336 one-bedroom and two-bedroom units equipped with premium amenities. The property is located in an Opportunity Zone under the Tax Cuts and Jobs Act of 2017, and all rents would be at market rate with no affordability required units! Residents will enjoy a resort-style pool, bocce and pickleball courts, BBQ spaces, and electric vehicle charging stations, all designed to promote community, comfort, and convenience. The rooftop will offer social spaces with seating areas, dining options, and private cabanas, while the clubhouse will provide a fitness center, conference rooms, a convenience market, and leisure areas.
MLS Listing Information
MLS #
ME224097682
MLS Source
MetroList Services, Inc.
Days on Site
42
Lots & Land Information
Development Status
Building Plans Filed, Design Review Required, Improvements Plans Avail, Other - Call Listing Agent, Raw Land, Site Plan Pending
Existing Structures
None
Lot Description
Other
Utilities
Public Utilities, Public Utilities, Water - Public
Parking, School, and Other Information
Elementary District
Elk Grove Unified
High School District
Elk Grove Unified
Water
Public
HOA Fee
$0
Zoning
RD-20 to RD-40
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
9055 Gerber Rd is in Sacramento, CA 95829. This Land is currently priced at $15,750,000. This address can also be written as 9055 Gerber Rd, Sacramento, CA 95829.
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This listing information is up-to-date as of October 29, 2024. For the most current information, please contact Steve Carpenter, (530) 368-0984
