Jefferson Blvd - BTR or Multifamily Land

Investment Overview

Newmark is pleased to offer for sale a 27.22-acre parcel in the expanding city of West Sacramento, CA. This property provides a compelling opportunity for developers to construct Build To Rent project in a thriving west coast market. Situated in a lively, growing community, the site is strategically located to capitalize on the rising demand for rental properties. With a short commute to downtown Sacramento, a robust job market, and a wealth of local attractions, West Sacramento stands as a desirable area for both future residents and investors. This parcel represents a pivotal investment opportunity in a highly sought-after region.

Investment Highlights

• -27.22 acre parcel zoned rural estates that will require a rezone to R-2.5 Residential - Medium High Density for a BFR or garden multifamily development.
• -Average household income of $124,695.
• -Washington Unified School District offers includes approximately 30 public schools rated “good” or higher by GreatSchools, along with several private and charter options.
• -Good freeway access via I-80, I-5, and US-50). Simple drive into downtown Sacramento.
• -Average home price according to Zillow of $576,658, which equates to an approximate mortgage rate of $3,995.