9055 Gerber Road Sacramento, CA 95829
Listing Courtesy of: Metrolist / Windermere Signature Properties / Steve A. Carpenter

  9055 Gerber Road Sacramento, CA 95829

Active (49 Days)
$15,750,000

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.

MLS #:
224097682
Lot Size
9.39 acres
Type
Land
School District
Elk Grove Unified
County
Sacramento County

Listed By

Steve A. Carpenter, DRE #00926188, Windermere Signature Properties
Source
Metrolist
Last checked Nov 7 2024 at 1:13 AM MST
Bathroom Details
Lot Information
  • See Remarks
  • Sidewalk(s)
  • Shape Regular
  • Curb(s)
  • Public Trans Nearby
Property Features
  • Level
Utility Information
  • Utilities: Public
  • Sewer: Sewer Available
Land Tenure
  • Vacant
Location
   
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Estimated Monthly Mortgage Payment

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