Description
Potential Development! The Conceptual drawings for future development are available. This well maintained 7-unit apartment complex is located in the Opportunity Zone of Downtown Sacramento and within walking distance to Southside and Capitol Parks. Units' breakdown are as follows: 2~2-bedroom 1 bath & 5~1-bedroom 1 bath units. There is an approximate 1000 SF of unfinished space in front of the building that can be converted into a studio, retail or office space and provide additional income. Downtown Sacramento continues to be one of the strongest rental markets in the nation. This upside investment opportunity has potential increase in rental income and potential development via incentives offered by the City's Opportunity Zone. The program provides a federal tax and incentives for investors.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Potential Development! The Conceptual drawings for future development are available. This well maintained 7-unit apartment complex is located in the Opportunity Zone of Downtown Sacramento and within walking distance to Southside and Capitol Parks. Units' breakdown are as follows: 2~2-bedroom 1 bath & 5~1-bedroom 1 bath units. There is an approximate 1000 SF of unfinished space in front of the building that can be converted into a studio, retail or office space and provide additional income. Downtown Sacramento continues to be one of the strongest rental markets in the nation. This upside investment opportunity has potential increase in rental income and potential development via incentives offered by the City's Opportunity Zone. The program provides a federal tax and incentives for investors.
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