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Multi-Family

1750 Creekside

1750 State Hwy 193, Lincoln, CA 95648

Listing Price: $6,800,000

Lot Size
16.80 acres
Price/Acre
$404,762
Land Type
Redevelopment

Investment Overview

1750 Creekside is located at 1750 Highway 193 in Lincoln, California. It is offered as a 192-unit multifamily development opportunity on 13.2 acres with another 3.6 acres at the southernmost portion of property for the future development of an additional estimated 90 units. The total property consists of 16.8 acres on a single lot.

1750 Creekside lies at the sprawling entrance to The Village Specific Plan in Lincoln, California. Located just four miles from Roseville, the city of Lincoln is one of the fastest-growing cities not just in Placer County, but in Northern California. The property is directly down the road from Sun City Lincoln Hills, a Del Webb Active Adults Community which is home to 6,800 homes and two 18-par golf courses. The immediate two-mile radius around 1750 Creekside is booming with new residential development with over 1,000 homes being built directly across Highway 193 from the subject property and another 1,890 homes planned at Bickford Ranch (approximately 1.5 miles east).

The property consists of a total of 16.8 beautiful acres and offers a private or institutional developer the opportunity to develop much needed apartment housing in one of the fastest growing cities in California. The picturesque development opportunity consists of approximately 192 multifamily units on 13.2 acres, with the future benefit to develop approximately 90 more units on the southern most 3.6 acres. The price allocation is $6,000,000 for 13.2 acres and $800,000 for the southernmost 3.6 acres.

The property is strategically located on Highway 193 which offers easy access to Interstate 80, Highway 65, and Sierra College Boulevard. The property is surrounded by scenic ranches, wineries, and independent breweries on what is called The Placer Wine Trail which boasts over 20 unique wineries. Future residents at the property will enjoy easy access to Turkey Creek Golf Club which is located directly across from the subject property. Many shopping and entertainment options abound in close proximity to the property. Lincoln Hills Town Center (2.3 miles away) is located a very short drive from the property and offers future residents retail options such as Safeway, Safeway Fuel, Roundtable Pizza, Sourdough & Co., The UPS Store, CVS, The Golden 1 Credit Union, Jack in the Box, VIP Pets, and Starbucks Coffee. Additional retail is located 2.5 miles away which includes Lowes Home Improvement, Raleys, McDonalds, Arco AmPm, Bank of America, CHASE Bank, Big 5 Sporting Goods, T-Mobile, and many more.

Creekside Apartments is offered at $6,800,000. The southernmost 3.6 acres are included for $800,000 in the Offering. The total price of the 16.8 acres is $6,800,000. Please contact the listing agents for more information.

Investment Highlights

  • Strategic Location on Highway 193
  • Diverse Unit Mix to Cater to Market Demand
  • Located Along "The Placer Wine Trail
  • Close Proximity to Retail (2.3 Mi) and Highway 65 (2.9 Miles)

Exclusively Listed By

Financing By

Listing Price: $6,800,000

Lot Size
16.80 acres
Price/Acre
$404,762
Land Type
Redevelopment

Investment Highlights

  • Strategic Location on Highway 193
  • Diverse Unit Mix to Cater to Market Demand
  • Located Along "The Placer Wine Trail
  • Close Proximity to Retail (2.3 Mi) and Highway 65 (2.9 Miles)

Investment Overview

1750 Creekside is located at 1750 Highway 193 in Lincoln, California. It is offered as a 192-unit multifamily development opportunity on 13.2 acres with another 3.6 acres at the southernmost portion of property for the future development of an additional estimated 90 units. The total property consists of 16.8 acres on a single lot.

1750 Creekside lies at the sprawling entrance to The Village Specific Plan in Lincoln, California. Located just four miles from Roseville, the city of Lincoln is one of the fastest-growing cities not just in Placer County, but in Northern California. The property is directly down the road from Sun City Lincoln Hills, a Del Webb Active Adults Community which is home to 6,800 homes and two 18-par golf courses. The immediate two-mile radius around 1750 Creekside is booming with new residential development with over 1,000 homes being built directly across Highway 193 from the subject property and another 1,890 homes planned at Bickford Ranch (approximately 1.5 miles east).

The property consists of a total of 16.8 beautiful acres and offers a private or institutional developer the opportunity to develop much needed apartment housing in one of the fastest growing cities in California. The picturesque development opportunity consists of approximately 192 multifamily units on 13.2 acres, with the future benefit to develop approximately 90 more units on the southern most 3.6 acres. The price allocation is $6,000,000 for 13.2 acres and $800,000 for the southernmost 3.6 acres.

The property is strategically located on Highway 193 which offers easy access to Interstate 80, Highway 65, and Sierra College Boulevard. The property is surrounded by scenic ranches, wineries, and independent breweries on what is called The Placer Wine Trail which boasts over 20 unique wineries. Future residents at the property will enjoy easy access to Turkey Creek Golf Club which is located directly across from the subject property. Many shopping and entertainment options abound in close proximity to the property. Lincoln Hills Town Center (2.3 miles away) is located a very short drive from the property and offers future residents retail options such as Safeway, Safeway Fuel, Roundtable Pizza, Sourdough & Co., The UPS Store, CVS, The Golden 1 Credit Union, Jack in the Box, VIP Pets, and Starbucks Coffee. Additional retail is located 2.5 miles away which includes Lowes Home Improvement, Raleys, McDonalds, Arco AmPm, Bank of America, CHASE Bank, Big 5 Sporting Goods, T-Mobile, and many more.

Creekside Apartments is offered at $6,800,000. The southernmost 3.6 acres are included for $800,000 in the Offering. The total price of the 16.8 acres is $6,800,000. Please contact the listing agents for more information.

Exclusively Listed By

Financing By

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