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The Kress Royal 818 K St 48 Unit Apartment Building $11,700,000 ($243,750/Unit) Sacramento, CA 95814
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Freezer
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Door to Door
- Elevator
- Online Services
- Public Transportation
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 330 - 486 |
| 1+1 | 22 | - | 483 - 755 |
| 2+2 | 4 | - | 1,221 |
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 006-0098-025 | Improvements Assessment | $3,974,553 |
| Land Assessment | $1,665,527 | Total Assessment | $5,640,080 |
Property Taxes
Parcel Number
006-0098-025
Land Assessment
$1,665,527
Improvements Assessment
$3,974,553
Total Assessment
$5,640,080
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Kress Royal | 818 K St
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