Exceptional opportunity to acquire a ±9.5-acre high-density multifamily development site prominently located at Elkhorn Boulevard & Roseville Road in Sacramento, California.
The property offers a significant advantage over typical development land: multifamily use is established and Sacramento County has previously approved increased density on the property, creating an attractive foundation for higher-density residential development.
Ownership has prepared an updated development concept for 366 multifamily units, which has been submitted to Sacramento County and is currently under review. The current 366-unit plan is proposed and has not yet received final County approval. The submitted architectural drawings are expressly identified as design-review drawings and not approved for construction.
The proposed design demonstrates the property's substantial development potential, with 366 residences distributed among six multifamily buildings. The current plans show two 36-unit buildings, three 72-unit buildings and one 78-unit building, totaling 366 proposed residences.
The architectural area analysis identifies approximately 180,551 square feet of conditioned residential area and 236,215 square feet of total building area. The proposed unit mix includes studios, one-bedroom and two-bedroom residences, with an emphasis on efficient unit configurations that may be particularly attractive for higher-density housing development.
The combination of established multifamily use, increased allowable density and a 366-unit development concept already submitted for County review creates a compelling opportunity for a wide range of multifamily developers.
The property may be especially attractive to affordable and workforce housing developers seeking a higher-density Sacramento-area site. The proposed concentration of efficient studio and one-bedroom units, combined with the property's density potential, provides an excellent starting point for developers evaluating affordable, workforce, mixed-income or conventional multifamily housing.
The location at Elkhorn Boulevard & Roseville Road places the property within an established Sacramento community surrounded by existing residential and commercial development. The submitted site plan demonstrates an efficient six-building configuration across the property and provides prospective buyers with a clear vision of the site's potential.
This offering represents an opportunity to acquire more than conventional vacant land: a strategically located, high-density multifamily site where the allowable residential use and increased density create substantial development potential, while the current 366-unit proposal is already progressing through the County review process.
Current 366-unit plans are proposed and subject to Sacramento County review and approval. Buyer to independently verify zoning, allowable density, entitlement status, development standards, unit yield, utilities, infrastructure, fees, affordability incentives/programs and all governmental requirements.
Abdul Ejaz
Compass Commercial
