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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
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

PROPERTY TAXES

Parcel Number
052-100-068-7
Land Assessment
$1,228,007
Improvements Assessment
$0
Total Assessment
$1,228,007

zoning

Zoning Code MF (Multifamily)
MF (Multifamily)
  • Listing ID: 16372282

  • Date on Market: 2019-06-17

  • Last Updated:

  • Address: Hillcrest Ave, Antioch, CA 94531

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