Permit Ready - 336 Multifamily Units
9055 Gerber Rd
Sacramento, CA 95829
Highlights
- Reduced Carbon Footprint
- Solar Power Design
- 336 Units - 1 & 2 bedroom mix
- All Electric Design
- Electric Charging Stations
Description
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.
Proposed Permit Ready Multifamily Development in the Elk Grove sphere of influence.
