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- LoopNet Team
Hillcrest Ave
Antioch, CA 94531
Multifamily Site with BART Connectivity · Land For Sale · 4.92 AC
Investment Highlights
- Up to 172 Multifamily Units
- Limited Development Pipeline
- Affordability & BART Access
- 41% Rent Growth Projected by 2028
PROPERTY FACTS
Property Type | Land | Total Lot Size | 4.92 AC |
Property Subtype | Residential | Cross Streets | Shaddick Drive |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 4.92 AC |
Cross Streets | Shaddick Drive |
Description
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire the Hillcrest Apartments Site (the “Property”), a ±4.92 acre development site for up to 172 multifamily units in Antioch, California. Situated approximately one-half mile from the Antioch BART station, the Property’s location provides future residents immediate access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one of the world’s premier places to live, work and play. The Hillcrest Apartments Site is currently undeveloped land, affording a developer the opportunity to program the highest and best use for the site. The San Francisco Bay Area’s extreme housing imbalance, combined with statewide efforts to stimulate dense housing development near transit stops, makes the Property an ideal site for a garden-style apartment community. With a transit-friendly location and easy access to the San Francisco Bay Area’s economic core, the Hillcrest Apartments Site will benefit from Antioch’s position as one of the top performing apartment submarkets in the San Francisco Bay Area which is projected to further outpace the region with 41% rent growth while maintaining 96% average occupancy through 2028.
PROPERTY TAXES
Parcel Number | 052-100-068-7 | Improvements Assessment | $0 |
Land Assessment | $857,996 | Total Assessment | $857,996 |
PROPERTY TAXES
zoning
Zoning Code | MF (Multifamily) |
MF (Multifamily) |
Learn More About Investing in Land
Listing ID: 16372282
Date on Market: 6/17/2019
Last Updated:
Address: Hillcrest Ave, Antioch, CA 94531
The Land Property at Hillcrest Ave, Antioch, CA 94531 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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