1008 2nd St - Apartments FOR SALE


Sacramento, CA 95814- Old Sacramento
$2,500,000 USD
916-508-5059
1008 2nd St, Sacramento, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/10
null | 9.52% Cap Rate

1008 2nd St
Sacramento, CA 95814
Old Sacramento


HIGHLIGHTS

  • Historic District of Old Sacramento
  • Near Universities, UC Davis Hospital and Sacramento Int'l Airport
  • Walking distance from Downtown Sacramento, DoCo and Golden 1 Center

OVERVIEW

4-Story Historic Building previously known as the Arcade Hotel located in a popular Commercial Strip and tourist spot in Sacramento,CA. The building has several leased commercial spaces, Residential/Office Units in the upper floors and an underground event venue that has a beautiful brick courtyard perfect for occasions such as weddings, corporate parties and private events.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

-

CAP RATE

9.52%

% LEASED

42%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcade Building

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-3-SPD

APN/PARCEL ID

006-0071-043

ASK ABOUT THIS PROPERTY

Akash LalLal Real Estate & DevelopmentMore Info
916-508-5059

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Akash LalLal Real Estate & DevelopmentMore Info
916-508-5059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.