The planned student-housing project includes 60 total units with 283 individual beds across 5 floors. The project includes a secure parking garage with 46 stalls and 46 bike spaces, as well as an approximately 5,000 square foot lobby and communal space, on the ground floor. The second floor features an outdoor terrace that overlooks Elvas Ave and provides tenants with an outdoor seating and gathering area. The sale includes plans for the existing project and other due diligence information including Phase I and II soils reports, Geotechnical Investigation, Environmental Noise Assessment, Acoustical Studies, Vapor Analysis, and surveys. The current entitlements were recently extended through August 17, 2026.
6325-6329 Elvas provides excellent access to all major freeways, with the on and off ramps for Highway 50 just a mere minute from the Property, six minutes from Highway 99 and Interstate 80, eight minutes from Interstate 5 and twenty minutes from the Sacramento International Airport. The property is also an eight-minute walk from University/65th Street Station, one of Sacramento’s busiest and well-trafficked lightrail stations that stretches from Old Town Folsom to Downtown, Sacramento.
Jon Lang
Turton Commercial Real Estate
