For Sale

Luther Gardens

7273 Luther Dr,
Sacramento, CA 95823
Represented by
TRI Commercial Real Estate Services

Asset Snapshot

0.81 Acres
Land Area

Offering Summary

Investment Overview

Luther Gardens is a modern and centrally-located apartment development project designed to address the critical housing shortage for clean, attractive, and affordable rental units for seniors in Sacramento. The unit mix is a blend of 3 - 1 bedroom/1 bath units and 21 - 2 bedroom/1 bath units, and range in size from 861 SF to 959 SF. All units have a 100 SF patio or balcony (not included in gross SF), plus an assigned carport parking spot. The building will have attractive drought-tolerant landscaping and offers large windows, centralized skylights, community lounge, common area, rooftop, carport solar collectors, and rooftop gardens for social gatherings. For developers or other interested parties, the project and land are available for purchase as the project continues along the development phase.


Investment Highlights

  • Strategic Location in Opportunity Zone
  • Tax Incentives and Investment Benefits
  • Prime Location with Accessibility
  • Essential Services in Close Proximity
  • Growing Area with Development Potential
  • Senior Housing Demand
  • Enhanced Mobility for Seniors
  • Community and Economic Impact
  • Sustainability and Long-Term Value

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,000,000
Asking Price

Investment Sales Broker

Graham Clemons
TRI Commercial Real Estate Services

Market Insights