6325-6329 Elvas Ave, Sacramento, CA 95819 For Sale

Turton Commercial Real Estate is pleased to present the opportunity to acquire 6325-6329 Elvas Ave, a 33,183 SF infill development site located in East Sacramento. The Property consists of two continuous parcels of vacant land situated approximately 200 feet from the pedestrian tunnel to access California State University, Sacramento (CSUS) and is currently entitled to construct a 94,926 SF student housing project with 60 units and 283 beds across 6 stories.

The Property is a prime opportunity to construct additional student housing to satisfy the growing demand and capitalize on the dynamic growth of the university.

The Property is squarely in the heart of East Sacramento, one of the most affluent and prestigious residential suburbs in the entire Sacramento region. Given the surrounding neighborhoods, the Property benefits from ample amenities including three anchored grocery stores within a quarter mile and several notable hospitality concepts within walking distance.