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The Nut Tree Apartment Development

216 Unit Block of Flats For Sale Vacaville, CA 95688

Investment Highlights

  • All city approvals in place.
  • Prevailing wage required.
  • If developed as affordable Section 8, vouchers are available.
  • Plans updated to 2022 code.
  • If developed as market rate no BMR required.

Executive Summary

The Nut Tree Apartment Development Site is a multi-family development project located in Vacaville, CA. 216 units situated on 12.01 acres; the project is fully entitled. Density of just 18 units per acre allows for true garden style living. Amenities include a pool/spa, dog park, bocce ball courts and a luxurious clubhouse.
The property is immediately adjacent to Nut Tree Plaza, a ±392,00 SF retail and commercial center featuring restaurants, retails, banks, and service providers. The Nut Tree Apartments have direct pedestrian access to the Plaza giving tenants a full live/shop experience.
The Property is being offered for either market rate or affordable development.

Attachments

Nut Tree OM

Property Facts

Sale Type Investment
No. Units 216
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 12.01 AC
Construction Status Proposed
Building Size 1,980,207 SF
Number of Floors 3
Year Built 2025
Parking Ratio 0.2/1,000 SF

Site Amenities

  • Clubhouse
  • Fitness Centre
  • Pool
  • Spa
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 81 £1,952 803
Studios 27 £1,643 556
2+2 81 £2,343 1,293
3+2 27 £2,656 1,533

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0129-240-570
  • 0129-240-580
  • 0129-240-590
Land Assessment
£2,055,502
Improvements Assessment
£0
Total Assessment
£2,055,502

zoning

Zoning Code MU (Mixed Use)
MU (Mixed Use)
  • Listing ID: 29981564

  • Date on Market: 06/11/2023

  • Last Updated:

  • Address: The Nut Tree Apartment Development, Vacaville, CA 95688

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