9055 Gerber Road
Sacramento, CA 95829
9.39 acres | #224097682
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.
Property Details
- Lot DescriptionPublic Trans Nearby, Curb(s), Shape Regular, Sidewalk(s), See Remarks
- ZoningResidential, Rezone Possible, Multi-Residential, See Remarks
- Property SubtypeResidential Acreage
- Sewer InformationSewer Available
- CountySacramento
- MLS #224097682
- MLS #224097682
- Property TypePurchase
- Cost15750000
- Utility SourcePublic
- Utility FeaturesPublic
- Acres9.39
Location
Legal
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Last Updated: . Source: METROLISTMLS
Listing Courtesy
Listing Agent: Steve A Carpenter (#CCARPENS)
Listing Office: Windermere Signature Properties Rocklin (#01LYON12)
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