SALE PRICE:
$1,300,000.00
$1,074,380.10 Per Acre
$24.66 PSF
REGION:
Arden Arcade, Sacramento
AVAILABILITY:
3 Single Family Homes on 4 Lots
-/+ 1.21 Acres / -/+ 52,707.60 SF
ZONING:
RD 10 – RD 30
OPPORTUNITY:
3 Single Family Homes Generating Income
Generates $57,600.00 Annually
- This redevelopment project is in the Arden Arcade area of Sacramento County. This project consists of 4 different parcels with 3 single family homes that are generating income.
- The 3 single family homes are available on 4 parcels totaling +/-1.21 Acres of RD-1- to RD-30 zoned land, allowing for 21 units. This unique opportunity allows for cash flow during entitlement and permitting processes.
- The proposed plan featured below has a total of 17 units with two different unit styles (3 & 2 bedroom units) which includes a garage on the first of three floors with a proposed total square footage of +/-38,053 SF for the entire project.
California is the fifth largest economy in the world with Sacramento being its capital. Historically known for the Gold Rush, Sacramento is an intersecting point for both the American & Sacramento River at Discovery Park.
This capital city was founded in 1848 on the fertile agricultural soils located in the northern portion of the Central Valley, growing to nearly +/-1,000 square miles.
Sacramento County is home to numerous other populated and expanding metro areas: Elk Grove, Natomas, Rancho Cordova, & Citrus Heights.
With a reputation of being a small capital city compared to the much larger cities of L.A. & S.F, Sacramento continues to grow as the state population continues to decrease.
A majority of California’s state workers are employed within county limits- while the capital city of California continues to see job growth and constant real estate development in both residential and commercial sectors, despite high interest rates.
Executive Director
916 704 9341
dmueller@muellercommercial.com
CalDRE# 01829919
Director
916 613 3899
cfreelove@muellercommercial.com
CalDRE# 02092307
