Price Reduced! Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento's most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.
| MLS # | ML82022132 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 341 |
| Listing Provided By | Cornish & Carey Commercial | Kelly Rivett |
| Zoning | C-2 |
|---|---|
| Acreage | 1.60 |
| Lot Features | Level |
|---|---|
| Fencing | Electric |
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| State | CA |
|---|---|
| County | Sacramento |
| City | Sacramento |
| Zip Code | 95826 |
| State | CA |
|---|---|
| County | Sacramento |
| City | Sacramento |
| Zip Code | 95826 |