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Off Market
1/5

2424 Arden Way
Sacramento, CA 95825


HIGHLIGHTS

  • Purchased as a portfolio, the asset lends itself attractive to a value-add cash flow investor per proforma projections
  • Condominiums can be purchased separately by owner / user or investor Buyers

OVERVIEW

19,646 sq ft. value-add or owner/user office condominium complex for sale totaling 4 condominium buildings. Condos may be purchased for sale together or separately. Building 100 East is 5,029 sq. ft. and is a 13.9% 2nd generation office condo price at $456,790 (~$90.83 / sq. ft.). Building 100 West is 4,794 sq. ft. and is in cold shell condition office condo price at $392,080 (~81.78/ sq. ft.). Building 400 East is 5,029 sq. ft. and is a 2nd generation office condo price at $439,790 (~87.45 / sq. ft.). Building 400 West is 4,794 sq. ft. and is a 2nd generation office condo price at $432,820 (~$90.28 / sq. ft.). Cap rate is proforma, so please inquire with the Seller's agent to review all due diligence materials. Purchased as a portfolio, the asset lends itself attractive to a value-add cash flow investor per proforma projections. There is a 139,000+ population base within a 3-mile radius of the asset.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Building 100 East

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

5029

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

4.67 AC AC

LAND SF

203,425 SF

ZONING

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APN/PARCEL ID

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