- Property Subtype:
- Residential Acreage
- Acres:
- ~ 9.39
- Lot Square Footage:
- 409,028
$14,750,000
9055 Gerber Road Sacramento, 95829
9.4 Acres
REDUCED by $1,000,000 and possible joint venture or Seller financing too!! 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.
- County:
- Sacramento
- Zoning:
- RD-20 to RD-40
- Domestic Water:
- Public
- Irrigation Water:
- None
- Utilities:
- Public
- Listing Number:
- 560722807
- Listing Office Name:
- Windermere Signature Properties Rocklin
- Listing Agent First Name:
- Steve
- Listing Agent Last Name:
- Carpenter
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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on May 10, 2025, 11:38 pm PDT