Skip to main content

Multi-Family

Robla Apartments - Development Land

5240 Rio Linda Blvd, Sacramento, CA 95838

Listing Price: $750,000

Lot Size
1.38 acres
Price/Acre
$543,478
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present Robla Apartments, a 1.38-acre parcel of undeveloped land in North Sacramento, offered with approved plans for the construction of 43 multifamily units. Strategically positioned off two major thoroughfares (Rio Linda Boulevard and Marysville Boulevard), this site provides a compelling opportunity to acquire an Opportunity Zone site located in a supply-constrained market predominantly characterized by single-family residential neighborhoods.

Situated directly across from Robla Elementary School and just minutes from Rio Linda High School, the project is ideally located to meet the growing demand for multifamily housing among local families. With conditions of approval already in place, this development offers investors a viable solution to deliver much-needed residential inventory to a community experiencing limited rental supply.

Investment Highlights

  • Completed Plans for 43 Units w/ Conditions of Approval
  • Opportunity Zone Location
  • Located in a high-density single-family neighborhood

Exclusively Listed By

Multi-Family

Robla Apartments - Development Land

Listing Price: $750,000

Lot Size
1.38 acres
Price/Acre
$543,478
Land Type
Land

Investment Highlights

  • Completed Plans for 43 Units w/ Conditions of Approval
  • Opportunity Zone Location
  • Located in a high-density single-family neighborhood

Investment Overview

Marcus & Millichap is pleased to present Robla Apartments, a 1.38-acre parcel of undeveloped land in North Sacramento, offered with approved plans for the construction of 43 multifamily units. Strategically positioned off two major thoroughfares (Rio Linda Boulevard and Marysville Boulevard), this site provides a compelling opportunity to acquire an Opportunity Zone site located in a supply-constrained market predominantly characterized by single-family residential neighborhoods. Situated directly across from Robla Elementary School and just minutes from Rio Linda High School, the project is ideally located to meet the growing demand for multifamily housing among local families. With conditions of approval already in place, this development offers investors a viable solution to deliver much-needed residential inventory to a community experiencing limited rental supply.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower