PHOTO GALLERY
© 2024 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. This website is not intended to solicit commercial mortgage company business in Nevada.
In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit www.berkadia.com/licensing.
CONTACT Us
BACK TO TOP
Jason Parr
Investment Advisors
Debt Advisors
Senior Managing Director CA DRE #01323188 (415) 407-2106 jason.parr@berkadia.com
John Hansen
Director CA DRE #02078357 (415) 3142-5772 john.hansen@berkadia.com
Clay Akiwenzie
Managing Director
775 447 0595
clay.akiwenzie@berkadia.com
Brett Betzler
Senior Managing Director CA DRE #01330214 (949) 981-1196 brett.betzler@berkadia.com
Scott MacDonald
Managing Director CA DRE #01422005 (415) 310-0487 scott.macdonald@berkadia.com
A Developable City Block in Highly Desirable Boulevard Park, Midtown’s Premier Residential Neighborhood
Unmatched Access to Durable Employment Base
Ultimate Live-Work-Play Destination
The Right Project for This Location
INVESTMENT HIGHLIGHTS
2211 F Street is a ±1.14-acre property occupying an entire city block in the highly coveted Boulevard Park submarket, allowing for the development of up to 41 for-sale townhomes within the best residential district of Sacramento’s urban core.
Situated within a historic and thriving neighborhood that has no other sites available for large-scale development, 2211 F Street provides the unique opportunity to create a modern infill community that benefits from easy access to the region’s top employment hub and best lifestyle amenities.
2211 F Street is surrounded by ±100,000 jobs in Sacramento’s urban core, in addition to a growing base of noteworthy healthcare employers including Sutter Health, UC Davis Health, Dignity Health, Shriners Children’s Hospital, and the soon-to-be-built 1.2-million-square-foot Kaiser Medical campus at the Railyards.
Within the Site’s one-mile radius, 40% of the employed population is engaged in education, healthcare, or public administration – this is 42% higher than the nation’s average share of employment within these industries and translates into a stable workforce with a highly durable demand for housing.
Combining a 99 bike score with close proximity to the I-80 Business Loop, Highway 50, Interstate 5, and SacRT bus and light rail routes, the Site has superior access to the urban core’s durable jobs along with seamless commutes to the greater region’s other major employment centers.
Over the past six months Boulevard Park’s single-family home market has featured an average sale price of $1.2MM and an average year built of 1908 – demonstrating strong demand for this microlocation despite its vastly outdated housing inventory.
As future developments within the Railyards and River District expand the urban core and Sacramento’s average household incomes grow 15% to ±$120K over the next five years, 2211 F Street will be at the center of the city’s growing demand drivers – delivering modern infill housing nestled in a historic residential community and encompassed by the MSA’s premier lifestyle amenities.
Recognized by WalletHub as the nation’s best city to raise a family in each of the past two years and the happiest city in the U.S. five years running, Fremont’s average home sale price surpassed ±$1.8MM in February 2024 as demand to live in this desirable locale continues to increase – up 24% from February 2023 and commanding over $12k per month in typical ownership costs.
Featuring two- and three-bedroom townhomes averaging over 1,000 square feet with upscale interior finishes, Parc 88 provides families with spacious modern residences and enrollment into Fremont’s top-rated public schools at a 75% discount to local homeownership.
The Opportunity
Berkadia is pleased to exclusively present the opportunity to acquire 2211 F Street (the “Site” or the “Property”) a ±1.14-acre full city block within Sacramento’s Boulevard Park neighborhood - one of the most desirable neighborhoods within urban Sacramento. Primed for the development of up to 41 townhomes, the Property is situated in a tree-lined district with average single-family home prices of $1.2MM, immediate access to ±100,000 jobs in Sacramento’s CBD, and walkability to the region’s premier lifestyle amenities. 2211 F Street is an irreplaceable infill development site that provides the opportunity for a developer to deliver vital housing to a highly sought-after location that is surrounded by Sacramento’s growing and durable housing demand drivers.
Visit Doc Center
Terms of Use
Privacy
Doc Center
Photos
Property
Opportunity
2211
F Street
LOCATION
Kaohu Berg-Hee
Senior Director CA DRE #01986886 (808) 754-0033 kberghee@berkadia.com
Hank Workman
Associate Director
415 646 7713
hank.workman@berkadia.com
INVESTMENT SUMMARY
2211 F Street, Sacramento, CA, 95816
Visit Doc Center
2211 F Street
To be determined by market To be announced 2211 F Street, Sacramento, CA 95816 Sacramento 003-0134-021 ±1.14 Vacant Retail & Parking Lot Limited Commercial (C-1) Residential Mixed-Use (RMU) 4.0 Floor Area Ratio 41 Townhomes Residential For-Sale Central City
Price Bid Deadline Address County Assessor’s Parcel Number Total Acreage Current Use Current Zoning 2040 General Plan Zoning 2040 General Plan Allowable Density Proposed Total Units Future Use Special Planning District
photos
property
opportunity
MENU
Terms of Use
Privacy
DOCUMENT CENTER
DISCLAIMER: The information contained herein is assumed to be correct and data-supported. Return projections are forecasts and are not to be considered fact.
Visit Doc Center
Brayden Joel
Financial Analyst CA DRE #02204506 (503) 933-9284 brayden.joel@berkadia.com
Sydney Ladrech
Senior Financial Analyst CA DRE #02126658 (916) 677-6633 sydney.ladrech@berkadia.com
