9055 Gerber RD Active

Sacramento,CA 95829

$ 15750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224097682

Lot Size 9.390 Acres

Property Description

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.

Location

State CA

County Sacramento

Area 10829

Zoning RD-20 to RD-40

Exterior

Utilities Available Public

Building

Lot Description Public Trans Nearby,Curb(s),Shape Regular,Sidewalk(s),See Remarks

Sewer Sewer Available

Water Public

Schools

Elementary Schools Elk Grove Unified

Middle Schools Elk Grove Unified

High Schools Elk Grove Unified

School District Sacramento

Others

Special Listing Condition None

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