- For Sale $17,900,000
- Property Type Multi-Family
- Units 0
- Lot Size 9.39 Acre
- # of Floors 4
- Date Updated Apr 26, 2024
Permit Ready Development Opportunity - 336 Units!
Discover a prime development opportunity in Sacramento, California! This 9.39-acre commercial property presents a lucrative proposition for multifamily developers, with a proposed project of 336 multifamily units. The development emphasizes eco-friendly living and carbon-neutral design, seamlessly blending modern convenience with environmental responsibility.
Featuring an all-electric project, powered by solar panels, the units in this development aim to significantly reduce their carbon footprint. Green power through solar ensures sustainable. Furthermore, electric car charging stations will be provided on-site, promoting cleaner and more efficient transportation options.
The offering assumes a two phase development over a two year period. Cash flows from the first phase construction commences in year three with phase two cash flows being realized in year four. Thereafter, revenues are increased annually at a 3% rate.
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Contacts
Location
Getting Around
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Walk Score ®
9/100
Car-Dependent
-
Bike Score ®
28/100
Somewhat Bikeable
- City Sacramento, CA
- Neighborhood Vineyard Creek
- Zip Code 95829
- Market Sacramento
Points of Interest
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Cosumnes River College
3.58 miles
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Center Parkway
3.94 miles
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College Greens
4.74 miles
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Franklin
4.78 miles
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Watt/Manlove
4.95 miles
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Power Inn
5.07 miles
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Starfire
5.31 miles
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Meadowview
5.60 miles
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Tiber
5.65 miles
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Butterfield
5.91 miles
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B&E Gasoline
1.55 miles
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Safeway Fuel Station
2.05 miles
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Arco
2.42 miles
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Arco
2.60 miles
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Fastrip
2.64 miles
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Arco
2.95 miles
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Costco Gasoline
2.96 miles
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Sam's Club
2.98 miles
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Arco
2.99 miles
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Chevron
3.00 miles
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Calvine Road Park and Ride
3.17 miles
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Kaiser Hospital Parking Structure
3.22 miles
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Sheldon Road Park And Ride
3.79 miles
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Parking Lot for John Ehrhardt Elementary School
5.31 miles
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Parking Structure IV
5.51 miles
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Lot 15
5.68 miles
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Parking Structure III
6.03 miles
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Faculty/Staff Parking Lot 7
6.04 miles
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Lot 12
6.06 miles
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Faculty/Staff Lot 6
6.09 miles
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Motel 6 Sacramento
2.93 miles
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Fairfield Inn
3.06 miles
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Red Roof Inn Sacramento - Elk Grove
3.09 miles
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Best Western Capital City Inn
3.16 miles
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Americas Best Value Inn Sacramento
3.18 miles
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Value Place
3.41 miles
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Rodeway Inn
4.17 miles
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Super 8 by Wyndham Sacramento/Florin Rd
4.40 miles
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Holiday Inn Express & Suites
4.48 miles
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Hilton Garden Inn
4.53 miles
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Little Caesars
1.90 miles
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McDonald's
1.91 miles
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KFC
1.95 miles
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A&W
1.95 miles
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Round Table Pizza
1.97 miles
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Subway
1.97 miles
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Papa Murphy's
2.04 miles
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Togo's
2.15 miles
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Carl's Jr.
2.15 miles
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Panda Express
2.18 miles
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Maeola R Beitzel Elementary School
1.48 miles
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Mary Tsukamoto Elementary School
1.64 miles
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Robert J Fite Elementary School
1.68 miles
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T R Smedgerg Middle School
1.87 miles
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Florin High School
1.91 miles
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Sheldon High School
2.02 miles
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Isabelle Jackson Elementary School
2.07 miles
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Merryhill School - Calvine
2.13 miles
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Calvine Alternative High School
2.17 miles
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Arnold Adriani Elementary School
2.29 miles
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Prestige Preschool Academy
3.96 miles
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Playhouse Preschool
6.43 miles
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KinderCare
6.97 miles
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Thomas A Edison Elementary School
7.73 miles
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Glory Children's Learning Center, Inc.
8.00 miles
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Federal Building Day Care
8.54 miles
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Common Grounds Preschool and Daycare
8.73 miles
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Camellia Waldorf School
9.98 miles
Frequently Asked Questions
What is the lease rate for Entitled- 336 Multifamily Units?
Rental asking rate at Entitled- 336 Multifamily Units is $8,950,000.00/YR.
What is the total square footage of Entitled- 336 Multifamily Units?
Entitled- 336 Multifamily Units totals 294,248 square feet.
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