For Sale
$3,820,000

650 Lincoln Rd Yuba City, CA 95991

196-Unit Apartment Project, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 8.14-acre parcel in Yuba City, California, presents a remarkable opportunity for investors. Located at 650 Lincoln Rd, with APN 54-183-017, this R1-zoned land is primed for immediate development. The property boasts city-approved plans and permits for a 196-unit luxury multifamily apartment complex, eliminating lengthy permitting processes and significantly reducing development timelines. The "River's Edge" project is fully entitled, allowing for a seamless transition from acquisition to construction. Detailed architectural plans and specifications are available upon request. This turnkey investment offers substantial potential for significant returns, capitalizing on the growing demand for high-quality residential housing in the Yuba City area. The property's substantial size and prime location provide ample space for the proposed development, ensuring a high-density, yet comfortable living environment. The asking price for this exceptional opportunity is $3,820,000. Don't miss this chance to acquire a fully permitted, ready-to-build luxury apartment development in a thriving California market. Contact us today to learn more.

Highlights

  • 8.14-acre parcel in Yuba City, CA, APN 54-183-017.
  • R1 zoning allows for immediate multifamily development.
  • Fully entitled "River's Edge" project with approved plans for a 196-unit luxury apartment complex.
  • Turnkey investment opportunity, asking price $3,820,000.

Property Details for 650 Lincoln Rd

Property type
Land
Lot Size (sq. ft)
354,578 SF

Location Insight

City
Yuba City
County
Sutter
State
California
Latitude
39.112704976436
Longitude
-121.61935045876

FAQs

What type of property is this?
Land - 196-Unit Apartment Project, Ready to Build
Where is the land located?
The property is located at 650 Lincoln Rd Yuba City, CA.
What is the asking price?
The asking price for this property is $3,820,000.
What are key features of this property?
This property features: 8.14-acre parcel in Yuba City, CA, APN 54-183-017.; R1 zoning allows for immediate multifamily development.; Fully entitled "River's Edge" project with approved plans for a 196-unit luxury apartment complex.
How can I contact the broker?
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650 Lincoln Rd
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