9180 Klaage Ct
Elk Grove, CA 95758
Hyatt Place or Candlewood Suites Development · Land For Sale · 1.84 AC

Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent.Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Hyatt Place or Candlewood Suites Development, an approved four-story limited service hotel located in Elk Grove, California. The hotel will consist of 108 interior corridor rooms with excellent visibility and signage on Interstate 5. Amenities will include an outdoor gazebo grill, a fully equipped 24-hour gym, Candlewood Cupboard®, Lending Locker and free guest laundry. Each guest room will be equipped with a flat screen TV, full kitchen, large work desk with lamp, spacious living room and ample storage. The project is pending final construction permits, which will be available from the city of Elk Grove by November 2019. *The hotel has the option to be developed as a 108 room Candlewood Suites or 90 room Hyatt Place. The Hyatt Place or Candlewood Suites Development is located in Elk Grove, California. Elk Grove’s location provides easy access to two major freeways, the Sacramento International Airport, rail lines and two ports. The City of Elk Grove is known for an award winning school district, a variety of outstanding restaurants, a historical district, first-rate parks, and much more. Elk Grove has a prosperous business community that boasts a diversity of shops, services and promising careers.Elk Grove’s population of more than 170,000 residents is diverse in ethnicity, age and income levels. There are approximately 52,000 households in Elk Grove with a median income, second largest City in Sacramento region, of $84,827.Named the first city to incorporate in California during the 21st century (July 2000), Elk Grove has blossomed with new businesses, residents, and employment opportunities, City services include an outstanding police department, animal care services unit and a first-rate public transportation system.