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8330 Florin Rd - Redman Hall Residences

11,000 SF Speciality Building Offered at £492,692 in Sacramento, CA 95828

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Executive Summary

Here is a huge opportunity to redevelop this two-story building in the Historic Florin District! This building is currently in the preliminary development stages of converting into a 13-unit apartment building. Previous building use was an event/banquet hall. MOTIVATED SELLER will carry!

Property Facts

Price	£492,692	Lot Size	0.74 AC
Price Per SF	£45	Building Size	11,000 SF
Sale Type	Investment	Number of Floors	2
Sale Conditions	Deferred Maintenance Development Sale Shell & Core	Year Built	1915
Property Type	Speciality	Tenancy	Single
Property Subtype	Lodge/Meeting Hall	Parking Ratio	1.64/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£492,692
Price Per SF	£45
Sale Type	Investment
Sale Conditions	Deferred Maintenance Development Sale Shell & Core
Property Type	Speciality
Property Subtype	Lodge/Meeting Hall
Building Class	C
Lot Size	0.74 AC
Building Size	11,000 SF
Number of Floors	2
Year Built	1915
Tenancy	Single
Parking Ratio	1.64/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.