$7,500,000

Exceptional opportunity to acquire a prime infill multifamily development site at 561 Peabody Rd in Vacaville. Situated on approximately 3.83 acres, the property has City-approved Major Design Review for an 82-unit market-rate apartment community featuring four three-story buildings with a mix of 1-, 2- and 3-bedroom residences and 178 on-site parking spaces. The planned community includes a swimming pool with fenced patio, exercise room, community room, communal kitchen, picnic areas, dog-walking area, landscaped open space and pedestrian walkways. Contemporary architecture incorporates stucco, wood siding, stone veneer, metal window mullions and a modern flat-roof design. Zoned MX Mixed Use, with multifamily residential use permitted by right. Positioned in an established infill location near residential neighborhoods, schools, shopping, dining and everyday services, with access from Peabody Rd and Marshall Rd. A compelling opportunity for developers seeking an approved multifamily p