Active
9055 Gerber Road
Sacramento CA, 95829
$15,750,000
$38.51 per sqft
Active
9.39 Acres
Land
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.
224097682
MLSⓇ ID
September 19, 2024
Listed
November 1, 2024
Updated
Map
9055 Gerber Road
Sacramento CA, 95829
Exterior/Building Features
Lot Size
9.39 Acres
Lot Features
Level, See Remarks
School Information
School District
Elk Grove Unified
Other Property Details
Garage
No
View
No
County
Sacramento
Water Source
Public
Pool
No
Zoning
Residential,Rezone Possible,Multi-Residential,See Remarks
Courtesy of Lyon RE Rocklin, Steve Carpenter,
Listing Contact:
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