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The Kress Royal 818 K St 48 Unit Apartment Building For Sale Sacramento, CA 95814

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INVESTMENT HIGHLIGHTS

48 luxury loft
1 block from Golden 1 and DOCO

Ground level commercial space

EXECUTIVE SUMMARY

Built in 1931, the Kress is an iconic six-story structure with striking granite exterior.
The Kress features 48 luxury lofts, completed May 2024. It is one of the most prominent structures in the newly revitalized K Street. One block from the Golden 1 Arena and DOCO, surrounded by stunning growth and development, it is at the center of over $2 Billion urban revitalization. Located in an Opportunity Zone.
Pricing Undisclosed -- Buyer to Submit.

818 K St OM sale flyer

Offering Memorandum

PROPERTY FACTS

Sale Type	Investment	Building Class	B
Sale Conditions	1031 Exchange Build to Suit	Lot Size	0.22 AC
No. Units	48	Building Size	54,926 SF
Property Type	Multifamily	No. Stories	6
Property Subtype	Apartment	Year Built	2024
Apartment Style	Mid-Rise	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.
Zoning	C-3, SPD

Sale Type	Investment
Sale Conditions	1031 Exchange Build to Suit
No. Units	48
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	B
Lot Size	0.22 AC
Building Size	54,926 SF
No. Stories	6
Year Built	2024
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.
Zoning	C-3, SPD