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FAITS SAILLANTS DE L'INVESTISSEMENT
- Multifamily Development Site-1/4 Mile to CSUS ( Sac State)
- 1.6 Acre Parcel
- Located Within Opportunity Zone
- C-2 Zoning: General Commercial
- Freeway Visibility
- Income in Place
RÉSUMÉ DE L'ANNONCE
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site
located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/
developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate
housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento’s most dynamic submarkets for
residential growth along the highly transit-rich Folsom Blvd corridor.
Currently, this property is leased by Brightview Landscape Services, Inc., one of the leading commercial landscape companies in the United States.
Brightview is in the 4th year of a 5-year extension term, expiring in August 2027 and paying $12,823/Mo NNN. With 2 years remaining in this lease and
income in place, this opportunity allows the developer ample time to secure their necessary approvals, entitlements, financing, etc.
located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/
developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate
housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento’s most dynamic submarkets for
residential growth along the highly transit-rich Folsom Blvd corridor.
Currently, this property is leased by Brightview Landscape Services, Inc., one of the leading commercial landscape companies in the United States.
Brightview is in the 4th year of a 5-year extension term, expiring in August 2027 and paying $12,823/Mo NNN. With 2 years remaining in this lease and
income in place, this opportunity allows the developer ample time to secure their necessary approvals, entitlements, financing, etc.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL (CAD) | ANNUEL PAR AC (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
-
|
-
|
| Revenu net d’exploitation |
211 935 $
|
132 459,35 $
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 211 935 $ |
| Annuel par AC | 132 459,35 $ |
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 6 060 164 $ CAD | Taille du lot | 1,60 AC |
| Prix par AC | 3 787 602,60 $ CAD |
| Prix | 6 060 164 $ CAD |
| Prix par AC | 3 787 602,60 $ CAD |
| Taille du lot | 1,60 AC |
1.6 acre level lot, with 142' of Folsom Blvd frontage
DESCRIPTION
Ce terrain de 1,6 acre est plat et de forme rectangulaire. Tous les services publics sont disponibles sur place.
1 1
Bike Score®
Très cyclable (72)
Impôts fonciers
| Numéro de lot | 079-0222-021 | Évaluation des bâtiments | 1 056 832 $ CAD (2025) |
| Évaluation du terrain | 831 375 $ CAD (2025) | Évaluation totale | 1 888 207 $ CAD (2025) |
Impôts fonciers
Numéro de lot
079-0222-021
Évaluation du terrain
831 375 $ CAD (2025)
Évaluation des bâtiments
1 056 832 $ CAD (2025)
Évaluation totale
1 888 207 $ CAD (2025)
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7400 Folsom Blvd
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