SOLD
University Park
100 Howe Avenue, Sacramento, CA 95825
Property Overview
University Park is a two-building suburban office complex. The buildings are nearly identical and share a common courtyard. The property features pleasantly landscaped grounds, a generous parking ratio and convenient access to Sacramento’s extensive freeway system. The buildings were built in 1981 and are of wood-framed construction with painted masonry exteriors, glazed window openings and accented wood panels.
Investment at a Glance
Location: Sacramento, CA
Property Type: Class B Office
Acquisition Date: July31,2008
Purchase Price: $23,850,000
No. of Buildings: 2
No. of Stories: 2
Square Footage: 127,085 SF
Year Built: 1981
Leased Percentage (at the time of Acquisition): 96.8%
$23,850,000
Total Purchase Price
130,905
square feet
Total Rentable Area
Class A
Building Class
