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Investment Highlights

  • Multi-Family Development Opportunity
  • Surrounding uses are commercial and residential.
  • Utilities in Street
  • Originally planned for 118 dwelling units.
  • High Traffic
  • Close to Shopping and Services

Executive Summary

SUBJECT: Three parcels totaling 9.24 acres originally planned for 118 dwelling units. Surrounding uses are commercial and residential
 LOCATION: West side of Watt Avenue just North of Elk Horn, across from newer multi-family development
 APN: 208-0142-020 & 022 - 2.31 acres
208-0142-030 - 4.62 acres
208-0142-036 - 2.31 acres
 LOT DESCRIPTION: Rectangular shape - Watt Ave Frontage
 ZONING: SPA “Residential Use”
 PRICE: Lot 208-0142-020 & 022 - $870,000
Lot 208-0142-030 - $1,650,000
Lot 208-0142-036 - $880,000
Can be sold separately or in Bulk - $3,400,000
 FEATURES: High Traffic
Utilities in Street
Close to Shopping and Services
City Encouraging Multi-Family Development

Property Facts

Price $3,400,000
Sale Type Investment
Status Escrow
Number of Properties 3
Individually For Sale 0
Total Land Area 9.24 AC
  • Listing ID: 3924512

  • Date on Market: 3/9/2009

  • Last Updated:

  • Address: Watt & Elkhorn, North Highlands, CA

Contact the Sale Advisor

Watt & Elkhorn

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