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9055 Gerber Road

Sacramento, CA 95829
  • $15,750,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 224097682
UPDATED: 35 min ago
$15,750,000
  • 0
    BEDS
  • 9.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-12-09T23:39:37.873. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.themacdonaldgroup.com/homes/155427986
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9055 Gerber Road Sacramento, CA 95829

  • Price: $15,750,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 35 min ago
  • MLS #: 224097682
0
Beds
0
Baths
0
½ Baths
9.39
Acres
Neighborhood:
Sacramento Florin & Vicinity
County:
Sacramento
Area:
Sacramento Florin & Vicinity
Elementary School:
Elk Grove Unified
Middle School:
Elk Grove Unified
High School:
Elk Grove Unified
School District:
Sacramento
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.
Exterior Features

Crops None Lot Features Public Trans NearbyCurb(s)Shape RegularSidewalk(s)See Remarks Lot Size Dimensions 660' x 620' Other Structures None Road Frontage Type County Road Road Responsibility Public Maintained Road Road Surface Type Paved Total Parking Spaces 0 Vegetation None

Property Features

Additional Living Unit No Association No Association Fee 0 Current Use Vacant Development Status Raw LandBuilding Plans FiledDesign Review RequiredSite Plan FiledImprovement Plans AvailableSee Remarks Elevation 0 Horse Property False Income Includes None Irrigation None Num Of Lots 0 Parking Fee 0 Possible Use ResidentialSee Remarks Property Subtype Residential Acreage Property Type Land Sewer Sewer Available Special Listing Conditions None Utilities Public Water Source Public Zoning RD-20 to RD-40 Zoning Description ResidentialRezone PossibleMulti-ResidentialSee Remarks

Metrolist MLS logo Listing provided courtesy of Windermere Signature Properties Rocklin: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-12-09T23:39:37.873. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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The MacDonald Group at PMZ Real Estate
1200 E. Orangeburg Ave Suite #202
Modesto CA, 95350