Investment Details
About the Property
This property has been several years in the making. We recently signed a government contract to lease this building making this a tremendous investment opportunity. Single story 47,514 SF stand-alone office building located in Sacramento, California. This timeless architecture with modern amenities sits on 76,000 SF of land parceled with C-2 zoning.
Value-Add Opportunity
- Customized rehab for state tenant to occupy 100% of the building.
- Looking to source 1 million of remaining common share equity.
- Purchase price represents a 20% discount to replacement cost.
- Only leasing opportunity in its size with 81 onsite parking stalls.
Location
- Beautiful Southside Park neighborhood of Sacramento.
- Numerous walkable amenities, including the Capital Building and R-Street Corridor.
- Located right off Highway 50, Business 80, and only three blocks from the Sacramento Regional Transit Light Rail Station.
- Sacramento is considered California’s fastest growing metropolitan area.
Capital Raise
- We will be raising $800k over the next 3 months to complete the unit upgrades.
- Minimum Investment $25k-$99k for silent partners, $100k for Executive Partners.
We'd love to share more about this opportunity with you. Call Bob Clippinger at bob@cip-inc.com or call 949-363-7676.
Investment Stats
Pending
Return on Investment
Pending
Annual Return on Investment
3X
Annual Rate of Return
$100K
Minimum Down
Property Details
Property Type
Mixed-Use
# of Units
Target Hold Time
10 Years+
Total Square Footage
47,500
Target Cash Investment
Status
OPEN FOR INVESTMENT
Property Location
1300 U St, Sacramento, CA 95818, USA