Concord Village Apartments 3 Land Properties in Concord, CA
INVESTMENT HIGHLIGHTS
- 230-Unit Fully Entitled Apartment Development Within Downtown Concord Opportunity Zone
- Potential for flexible developer close of escrow timing to secure Residential development permits.
- The Project includes a Wrap Construction Design with five stories of residential units.
- Offered free and clear of debt, and will be delivered vacant.
- Fully Entitled Development - fully entitled for 230 multifamily units. The only 100% Market Rate Fully Entitled project in city's pipeline.
EXECUTIVE SUMMARY
CBRE is pleased to offer to qualified investors the opportunity to acquire 2400 Salvio St, 2401 & 2471 Willow Pass Rd in Concord, California, a ~2.3-acre premier, entitled development site offering the potential for 230 units.
Concord Village (“The Property”) is located 20 miles northeast of Oakland and only two blocks from the Concord BART Station. The site is comprised of three contiguous parcels, which will provide both public and private open space, including an urban plaza, a courtyard, and roof terraces.
The Property will feature a mix of studios, one-bedroom and two bedroom units, along with approximately 3,920 square feet of amenity space including a leasing center, three courtyards, fitness studio, swimming pool & spa, roof deck with garden lounge/fire pit/barbecues, dog park, two lobbies, mail & package room, outdoor dining and barbecue area, bike shop, and bocce ball/game court for tenants.
The Property represents a tremendous opportunity to capture the rental upside in Concord’s thriving apartment market. The Property also boasts a strong location within Contra Costa County’s largest city, only two blocks away from Todos Santos Plaza-the focal point of downtown Concord.
Concord Village (“The Property”) is located 20 miles northeast of Oakland and only two blocks from the Concord BART Station. The site is comprised of three contiguous parcels, which will provide both public and private open space, including an urban plaza, a courtyard, and roof terraces.
The Property will feature a mix of studios, one-bedroom and two bedroom units, along with approximately 3,920 square feet of amenity space including a leasing center, three courtyards, fitness studio, swimming pool & spa, roof deck with garden lounge/fire pit/barbecues, dog park, two lobbies, mail & package room, outdoor dining and barbecue area, bike shop, and bocce ball/game court for tenants.
The Property represents a tremendous opportunity to capture the rental upside in Concord’s thriving apartment market. The Property also boasts a strong location within Contra Costa County’s largest city, only two blocks away from Todos Santos Plaza-the focal point of downtown Concord.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Land Area | 2.26 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | INDIVIDUAL PRICE |
|---|---|---|---|
|
Fully Entitled Apartment Development
2401 Willow Pass Rd, Concord, CA 94519 |
Land | 0.50 AC | - |
|
Fully Entitled Apartment Development
2400 Salvio St, Concord, CA 94520 |
Land | 1.36 AC | - |
|
Fully Entitled Apartment Development
2471 Willow Pass Rd, Concord, CA 94519 |
Land | 0.40 AC | - |
