142-Unit Age Restricted Development Opportunity
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142-Unit Age Restricted Development Opportunity

ELK GROVE BOULEVARD. & WATERFOWL DRIVE, ELK GROVE, CA 97575

PROPERTY FACTS

Status: For Sale
Building Size: 167,965 SF
Lot Size: 5.1 AC
Property Type: Specialty
 

EXECUTIVE SUMMARY

Rare infill Entitled property for 142-unit Age-Restricted Development, allowing Care or Multi-Family Housing or IL, AL, Or MC Care Building. Approved age restricted 55 plus development. First time on the market, a tremendous opportunity, 5 years in the making, please call agents for price guidance.

The site is within walking distance of nearby amenities including multiple retail centers, and a short drive from a planned new medical center and teaching university run by California Northstate University. The site is located within the Stonelake Village Neighborhood, at the corners of West Taron, Elk Grove Boulevard, and Waterfowl Drive. Currently, the site is zoned LC - Limited Commercial.

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David Taxin

David Taxin

Jeremy Awdisho

Jeremy Awdisho

List With David Taxin

David provides his clients with strategic advice to help create and grow wealth through commercial real estate investments.