2644 Morrill Rd - 48-Unit Entitled Multifamily Project 2.4 Acres of Residential Land Offered at $2,219,840 CAD in Riverbank, CA 95367

2644 Morrill Rd presents a rare opportunity to acquire a shovel-ready multifamily project in the growing City of Riverbank. The property consists of approximately ±2.40 acres of infill land zoned R-3 and fully entitled for a 48-unit apartment community. Project approvals & entitlement have been issued, and the complete plan set is included with the listing, including the approved site plan, floor plans, and elevations.
The proposed development features an efficient unit mix and a thoughtfully designed site plan that supports strong livability, circulation, and parking. The parcel is cleared and mostly level, positioned just off Patterson Rd with convenient access to SR-108 and connectivity to Riverbank’s primary retail, services, schools, and major employment centers throughout the greater Modesto area.
Riverbank continues to show steady housing demand, supported by regional population growth, limited new apartment construction, and relative affordability compared with larger nearby markets. The site benefits from this broader demand profile and its infill location.
The offering memorandum, entitlement documentation, approved plans, and supporting due diligence materials are included with the listing for review.
For additional information, please contact the listing agent.