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Waterman Square Apartment Building
For Sale
Contact for pricing
Pending

9150 Waterman Rd, Elk Grove, CA 95624

LIHTC-restricted housing community placed in service in 2009 with central HVAC and multiple on-site amenities.

Property SizeContact for details
Days on Market142

Property Features for 9150 Waterman Rd

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Sacramento
Listed By: Isaak Heitzeberg · License #CA01989468
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento

Investment Insights

Based on property information with market context.

Waterman Square is an LIHTC-restricted apartment building placed in service in 2009. The property features central heat and air, patios and balconies, pitched roofs, and washer/dryer hookups. On-site amenities include a pool, playground, and fitness center, providing a range of shared facilities within the community.

The property is located at 9150 Waterman Rd in Elk Grove, California. Its physical improvements and amenity package include both unit-level features and common-area facilities, while the LIHTC restriction defines the housing program associated with the asset. The building is offered for sale.

Key Highlights

  • LIHTC‑restricted apartment building placed in service in 2009
  • Central heat and air throughout the property
  • Patios and balconies included

Property Analytics

Current Use

Waterman Square Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 95624, CA

66,575
Population
20,740
Households
3.2
Avg Household Size
39
Median Age
33%
College-Educated
89%
High-School Grad
45.6 sq mi
ZIP Area
1,460
Density / Sq Mi
$121,269
Median Household Income
$53,303
Median Earnings
$1,960
Median Rent
$603,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - LIHTC-restricted housing community placed in service in 2009 with central HVAC and multiple on-site amenities.
Where is this apartment building located?
The property is located at 9150 Waterman Rd Elk Grove, CA.
What are key features of this property?
This property features: LIHTC‑restricted apartment building placed in service in 2009; Central heat and air throughout the property; Patios and balconies included
(916) 724-1285 Call to check price and availability
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