e a s t s a c r a m e n t o , c a | e x c l u s i v e o f f e r i n g m e m o r a n d u m

2P R O V I N C E W E S T | L 3 2 |

L I B B Y W I C K L A N D 949.549.8140

lwickland@provincewest.com

BRE # 01430065

A G E N C Y R E L AT I O N S H I P D I S C L O S U R E

Per California state law, Brokers are required to

obtain an executed form from both Buyers and

Sellers, providing a Disclosure regarding the Real

Estate Agency Relationship for all real property

transactions. Please return the attached form with

the proposal or click here to fill out.

S E L L E R

NGC L32 LLC

L E T T E R O F I N T E N T ( L O I )

Please submit a LOI outlining the terms and

conditions under which Buyer proposes to purchase

the L32 project, including:

• Purchase Price

• Closing Conditions

D U E D I L I G E N C E P E R I O D ( D D P )

The DDP will commence upon acceptance by

Seller of a non-binding LOI and delivery of the

PSA, and shall conclude 45 days thereafter. The

PSA will be negotiated concurrently with the DDP.

E S C R O W

Escrow and Title shall be held with Stewart Title and

Escrow.

D E P O S I T S

An Initial Deposit of $100,000 of the Purchase

Price will be made at the Opening of Escrow, and

will remain refundable during the DDP. A Second

Deposit will be placed into Escrow by Buyer prior

to the expiration of the DDP. The sum of the Initial

Deposit and the Second Deposit will equal the Total

Deposit of $200,000. Upon Buyer’s approval of

Due Diligence, the Total Deposit will become non-

refundable to Buyer, and released from Escrow to

Seller as liquidated damages; except in the event of

default by Seller.

C L O S E O F E S C R O W

The Close of Escrow shall occur within ten (10) days

of approval of Due Diligence. Buyer will not be

required to close until Seller obtains TTM approval.

P U R C H A S E & S A L E A G R E E M E N T ( P S A )

Seller shall provide the PSA.

E X E C U T I V E S U M M A R Y ( 0 3 )

N E I G H B O R H O O D O V E R V I E W ( 1 0 )

C O M M U N I T Y O V E R V I E W ( 1 8 )

M A R K E T A N A LY S I S ( 2 1 )

A R E A O V E R V I E W ( 2 5 )

T E A R S H E E T ( 3 6 )

D O W N L O A D O M L I N K S

E X E C U T I V E S U M M A R Y

4P R O V I N C E W E S T | L 3 2 |

L 3 2 : AT- A - G L A N C E

L32 is a 0.39-acre luxury community that consists of

12 single-family residential units in East Sacramento.

Situated in the heart of Sacramento, L32 lies in a

tranquil neighborhood between Folsom Boulevard,

Alhambra Boulevard, and J Street. L32’s urban

design and central location offers homebuyers what

they are looking for in an East Sacramento/Midtown

residence. It is a great alternative to the existing

resale product in the area. L32 is within walking

distance to the areas best restaurants, bars, coffee

shops, fitness studios, and grocery stores.

From a business planning perspective, L32 offers

homebuilders a rare opportunity to acquire an

entitled “for sale” urban project in the downtown/

midtown market area.

E X E C U T I V E S U M M A R Y

5P R O V I N C E W E S T | L 3 2 |

5

5

80

80

80

160

L32 is located in the coveted East Sacramento area,

where median home sales have increased by $43,000

(8%) over the past year*, adjacent to both midtown

and downtown Sacramento. The property is at the

corner of L Street and 32nd Street. It lies North of

Folsom Boulevard, East of Alhambra Boulevard, and

South of J Street. Homeowners will be within one

city block of Safeway, Rite Aid, Peet’s Coffee, Jamba

Juice, Hawks Public House, Kru Japanese Cuisine,

and OBO Restaurant and Wine Bar. The property

also benefits from direct access to Interstate 80 via

the J Street on-ramp or direct access to Highway 50

via Stockton Boulevard. Residents of L32 will gain

easy access to all that the greater Sacramento area

has to offer.

E X E C U T I V E S U M M A R Y

L 3 2 : L O C AT I O N

N

*SOURCE | TRULIA

5

5

6

80

8080

80

99

8450

160

275

N

7P R O V I N C E W E S T | L 3 2 |N E I G H B O R H O O D O V E R V I E W

East Sacramento (also known as East Sac) is one of Sacramento’s

oldest and most well regarded neighborhoods. Branded East

Sacramento because it is located east of downtown and midtown.

East Sacramento is bounded by US Highway 50 to the south,

Alhambra Boulevard to the west, Elvas Avenue to the north and

northeast, and California State University Sacramento and the

E A S T S A C R A M E N T O AT- A - G L A N C E

American River to the southeast. East Sacramento residential

development began in the 1890s, and the area was annexed

into Sacramento in 1911. East Sacramento is home to the B

Street Theatre. East Sacramento also includes McKinley Park

and the “Fabulous Forties” neighborhood where the movie

Lady Bird was filmed.

McKINLEY PARK

8

N

80

80

N STREET

CAPITOL AVE

J STREET

AL

HA

MB

RA

BLV

D

L STREET

K STREET

FOLSOM BLVD3

2N

D S

T

9P R O V I N C E W E S T | L 3 2 |

L U X U R Y U R B A N C O M M U N I T Y

L32 is an urban community consisting of 12 units. Square

footages range from 1,699 square feet to 1,936 square feet.

All units have enclosed garages and balconies off of the

main living floor and bedroom floor as well as roof decks

of up to 700 square feet. Larger units are also equipped

with an optional elevator.

E X E C U T I V E S U M M A R Y

R A R E U R B A N I N F I L L O P P O R T U N I T Y

L32 combines an infill urban setting and proximity

to countless entertainment, dining, and employment

alternatives. The project is ideally located for homebuyers

looking for an urban lifestyle in a mature idyllic Sacramento

neighborhood. The East Sacramento area has become one

of the most sought after neighborhoods in the greater

Sacramento area.

L 3 2 : VA L U E P R O P O S I T I O N

C O M M U N I T Y O V E R V I E W

1 1

GRANADA WAYN

L STREET

SEVI

LLE

WAY

L STREET

32N

D S

TREE

T

D O W N L O A D S I T E P L A N

NORTH SIDE

SOUTH SIDE

12P

RO

VIN

CE

WE

ST

| L3

2 |

NE

IGH

BO

RH

OO

D O

VE

RV

IEW

L 3 2 : N O R T H F L O O R P L A N S

U N I T T Y P E A U N I T T Y P E B U N I T T Y P E C

D O W N L O A D F L O O R P L A N S

13P

RO

VIN

CE

WE

ST

| L3

2 |

NE

IGH

BO

RH

OO

D O

VE

RV

IEW

L 3 2 : S O U T H F L O O R P L A N S

U N I T T Y P E A U N I T T Y P E B U N I T T Y P E C

D O W N L O A D F L O O R P L A N S

1 4

AL

HA

MB

RA

BLV

D

L STREET

GRANADA WAY

L STREET

SE

VIL

LE

WA

Y

32

ND S

TR

EE

T

D O W N L O A D S I T E P L A N

N

1 5P R O V I N C E W E S T | L 3 2 |

S I T E C O N D I T I O N

Currently there is a vacant residence as well as a vacant

parking lot on the property.

E N T I T L E M E N T S TAT U S

L32 will have an approved Tentative Tract Map (TTM)

for 12 units.

C O M M U N I T Y O V E R V I E W

L 3 2 : P R O P E R T Y O V E R V I E W

U N I T S

UNIT A

UNIT B

UNIT C

TOTAL / AVERAGE

HOMESIZE (SF)

# O FB E D S

3

3

3

3

# O FB AT H S

3.5

3.5

3.5

3.5

# O FU N I T S

2

4

6

12

D O W N L O A D U N I T P L A N S

1,884

1,936

1,699

1,840

1 6P R O V I N C E W E S T | L 3 2 |C O M M U N I T Y O V E R V I E W

L 3 2 : P R O P E R T Y O V E R V I E W

I N F R A S T R U C T U R E I M P R O V E M E N T S & U T I L I T I E S

The project’s utility infrastructure, which consists of electricity,

natural gas, water, recycled water, telecommunications, sanitary

sewer, and storm drain will require improvements to, and

connection with, existing infrastructure systems located at L Street

and 32nd Street.

1 7P R O V I N C E W E S T | L 3 2 |C O M M U N I T Y O V E R V I E W

H O M E O W N E R S ’ A S S O C I AT I O N ( H O A )

There will be an HOA for the project. Seller has assumed

HOA dues of approximately $1,500 a year ($125/mo).

S TAT E W I D E C O M M U N I T Y FA C I L I T I E S D I S T R I C T ( S C I P )

The Seller has assumed SCIP financing for the project.

Total tax rate not to exceed 1.7%. Please request SCIP

analysis from broker.

C O S T T O C O M P L E T E

A detailed cost to complete breakdown can be provided by

Broker. Lump sums for underwriting assumptions are below:

ONSITE/OFFSITE COSTS

SOFT COSTS

DEVELOPMENT FEES (NET OF SCIP)

NET TOTAL

$ 42,148

$ 12,487

$ 13,650

$ 68,285

P E R U N I TI M P R O V E M E N T S

L 3 2 : C O S T T O C O M P L E T E

D O W N L O A D C O S T T O C O M P L E T E

C O M M U N I T Y O V E R V I E W

N

1 9P R O V I N C E W E S T | L 3 2 |

2

1

3

4

5

6

S A C R A M E N T O C I T Y U N I F I E D S C H O O L D I S T R I C T

2 MINDRIVE

3 MINDRIVE

5

80

80

80

99

50

C O M M U N I T Y O V E R V I E W

7 MINDRIVE

10 MINDRIVE

5 MINDRIVE

13 MINDRIVE

123

S U T T E R M I D D L E S C H O O L

D A V I D L U B I N E L E M E N TA R Y S C H O O L

H I R A M W. J O H N S O N H I G H S C H O O L

S A C R A M E N T O C I T Y C O L L E G E

S A C R A M E N T O C H A R T E R H I G H S C H O O L

C A L S TAT E U N I V E R S I T Y, S A C R A M E N T O

456

2 0P R O V I N C E W E S T | L 3 2 |

1

2

3

4

5

6

UC DAVISHEALTH

MERCYGENERALHOSPITAL

SACRAMENTO FIREDEPARTMENT

7

8

91011

12

1314

15

1617

20SUTTER

MEDICAL CENTER 18

2122

232524

26

2728

29

30

32

31

50

50

99

80

SACRAMENTO CONVENTION

CENTER

GROCERIESSafewayPacific MarketSacramento Natural FoodsSafewayTrader Joe’sCompton’s Market

DINING & TAKEOUTMcDonald’sKru SushiIHOPInk Eats & DrinksParagary’sBibaOBO’ Italian Table & Bar33rd Street BistroBacon and ButterLa Fiesta TaqueriaThai PlaceLa Trattoria BohemiaCielito Lindo MexicanCentro Cocina MexicanaThe Red RabbitChicago FireTres HermanasVegSkool RestaurantThe WaterboyMulvaney’s B&LBroderick RoadhouseThe Old Spaghetti Factory

SHOPSRite AidCVSTarget

1.2.3.4.5.6.

7.8.9.

10.11.12.13.14.15.15.17.18.19.20.21.22.23.24.25.26.27.28.29.

30.31.32.

COFFEESHOP

C O M M U N I T Y O V E R V I E W

DRINKS& BAR

FIRE STATION HOSPITAL

M A R K E T A N A LY S I S

2 2P R O V I N C E W E S T | L 3 2 |

The competitive market area (“CMA”) includes actively selling new home projects within the East Sacramento and Midtown/

Downtown region as well as select resales in the East Sacramento area.

M A R K E T A N A LY S I S

L 3 2 : C M A A N A LY S I S

12

34

5

6

7

8910

80

80

80

99

50

N

Cedar at McKinley Village

Creamery at Alkali Flat

Magnolia at McKinley Village

Mulberry at McKinley Village

California Brownstones

Alder at McKinley Village

20PQR Midtown

Birch at McKinley Village

Cottonwood at McKinley Village

The Residences at the Sawyer

01.

02.

03.

04.

05.

06.

07.

08.

09.

10.

2 3P R O V I N C E W E S T | L 3 2 |M A R K E T A N A LY S I S

L 3 2 : C M A N E I G H B O R H O O D S

* Cedar at McKinley Village opened in Mar 2019 and is not calculated into CMA monthly sale average. ** SOLD OUT communities.

SOURCE | ZONDA, NEW HOME SOURCE, RYNESS, PROVINCE WEST | LAST UPDATED 4/2/19

Cedar at McKinley Village

Creamery at Alkali Flat

Magnolia at McKinley Village

Mulberry at McKinley Village

California Brownstones **

Alder at McKinley Village **

20PQR Midtown **

Birch at McKinley Village

Cottonwood at McKinley Village

The Residences at the Sawyer

New Home Company

BlackPine Communities

New Home Company

New Home Company

BlackPine Communities

New Home Company

Grupe Developments

New Home Company

New Home Company

JMA Ventures

BUILDER*

NEIGHBORHOOD

CMA TOTAL/AVERAGE

2,400

1,728

2,000

3,000

7,056

ATT

ATT

3,500

4,750

ATT

LOTSIZE

3,491

40

122

84

82

12

24

32

82

56

45

TOTALHOMES

579

38

14

7

2

0

0

0

30

20

4

UNSOLDHOMES

115

30.0

2.8

2.5

2.7

0.9

2.4

4.3

1.7

1.2

1.7

MOSALES

2.2

1,776

1,956

1,892

1,767

1,510

2,224

1,828

2,130

2,482

1,465

HOMESIZE

1,903

$566,467

$569,657

$570,684

$589,050

$621,500

$663,000

$692,750

$715,540

$829,744

$1,486,000

BASEPRICE

$730,439

$319

$292

$302

$333

$412

$298

$379

$333

$333

$992

NET$/SF

$399

$0

$71

$0

$0

$0

$0

$87

$0

$62

$186

CFD$/MO

$41

$265

$125

$255

$255

$130

$255

$181

$255

$255

$1,211

HOA$/MO

$319

1.10%

1.25%

1.10%

1.10%

1.10%

1.10%

1.25%

1.10%

1.19%

1.25%

TAXRATE

1.15%

$3,080

$3,027

$3,091

$3,183

$3,219

$3,550

$3,711

$3,811

$4,441

$8,782

MONPYMNT

$3,990

2 4P R O V I N C E W E S T | L 3 2 |M A R K E T A N A LY S I S

SOURCE | ZONDA, NEW HOME SOURCE, RYNESS, PROVINCE WEST | LAST UPDATED 4/2/19

L 3 2 : E A S T S A C R A M E N T O C M A G R A P H

Cedar at McKinley Village | New Home Company | 2,400 SFM

Creamery at Alkali Flat | BlackPine Communities | 2.8 Sales/Mo. | 1,728 SFM

Magnolia at McKinley Village | New Home Company | 2.5 Sales/Mo. | 2,000 SFM

Mulberry at McKinley Village | New Home Company | 2.7 Sales/Mo. | 3,000 SFM

California Brownstones | BlackPine Communities | 0.9 Sales/Mo. | 7,056 SFM

Alder at McKinley Village | New Home Company | 2.4 Sales/Mo. | ATT

20PQR Midtown | Grupe Developments | 4.3 Sales/Mo. | ATT

Birch at McKinley Village | New Home Company | 1.7 Sales/Mo. | 3,500 SFM

Cottonwood at McKinley Village | New Home Company | 1.2 Sales/Mo. | 4,750 SFM

The Residences at the Sawyer | JMA Ventures | 1.7 Sales/Mo. | ATT

1,100 1,300 1,500 1,700 1,900 2,100 2,300 2,500 2,700 2,900

$1,985,000

$1,910,000

$1,835,000

$1,760,000

$1,685,000

$1,610,000

$1,535,000

$1,460,000

$1,385,000

$1,310,000

$1,235,000

$1,160,000

$1,085,000

$1,010,000

$935,000

$860,000

$785,000

$710,000

$635,000

$560,000

$485,000

$410,000

BASE PRICE

HOME SIZE (SF)

A R E A O V E R V I E W

2 6P R O V I N C E W E S T | L 3 2 |

C H O C O L AT E F I S H C O F F E E R O A S T E R S

Chocolate Fish has locations downtown and in Land Park, but

their flagship East Sac shop boasts a huge roasting area where

customers can sip their coffee while watching master roasters

at work. Owners and Sac coffee veterans Edie and Andy Baker

prioritize making personal relationships with their growers

and roasting specifically to accentuate the sweetness and

light, fruity acidity of their beans. Locals dig the traditional

cappuccino, purists love the macchiato, and travelers from

Downunder marvel at their pitch-perfect flat white and long

black. Pick up a pound of Misty Valley beans, considered by

many coffee critics to be the best beans this side of the PNW.

A R E A O V E R V I E W

2 7P R O V I N C E W E S T | L 3 2 |

C A N O N

Hometown hero Brad Cecchi returns to Sacramento after earning

a Michelin star in Napa Valley, and his newest project, Canon,

doesn’t disappoint. Tavern fare with an innovative edge, Canon’s

menu does everything right with big imagination and even

bigger flavor. A few favorites are the dramatically presented

urfa chile chicken drumsticks with orange zest and Greek yogurt

(pictured), the surprisingly highbrow smoked beer-can chicken,

and the mole madre tater “tots” with pickled onion and cotija.

Don’t miss the Sunday brunch menu with solidly savory options

like Frank’s Special, a morning fried rice dish with a sausage,

shrimp, peppers, pickled ginger, and topped with a fried egg.

A R E A O V E R V I E W

2 8P R O V I N C E W E S T | L 3 2 |

H A W K S P U B L I C H O U S E

Hiding in plain sight along the border of Midtown and East

Sac, Hawk’s Public House presents a fantastic menu of high-

end American food and drink with a creative edge. Notable

dishes on the seasonally-rotating menu include the gently

smoky St Louis ribs, accompanied by grilled avocado, sweet

summer peaches, and drizzled with an otherworldly coffee-

bourbon glaze; or the generously-sized grilled salmon with

sweet corn and summer beans, smothered with a sauce of

cucumbers, dill, and Calabrian chilies. Smart Sacramentans

mark their calendars for “Fried Chicken Mondays,” the

only night of the week that Hawks makes their famous

buttermilk fried chicken, served with honey mustard,

mashed potatoes, and their face-slapping pickled jalapeño

coleslaw. to be one of the most respectable in the city.

A R E A O V E R V I E W

2 9P R O V I N C E W E S T | L 3 2 |

K R U S U S H I

To say chef-owner Billy Ngo knows a thing or two about

contemporary Japanese cuisine would be an understatement, and

that’s made him one of the most imaginative Japanese seafood

restaurants in California. The place to get sushi in Sacramento,

Kru’s omakase menu costs a few extra bucks but will leave every

single diner with a sense of euphoria tough to find anywhere else.

The small plates menu also showcase the best of Ngo’s talent,

with offerings like pork belly and uni with a sansho gastrique and

sturgeon chicharrón. The chef’s choice sashimi tapas, pictured

here, is a must-have when looking for the freshest of the fresh.

A R E A O V E R V I E W

3 0P R O V I N C E W E S T | L 3 2 |

B I B A

Biba Caggiano opened her self-named Italian restaurant in

1986, beginning a career that included selling over half a million

cookbooks and filming more than 100 episodes of her internationally

syndicated cooking show. The quality has not wavered in 30 years

of dining as Caggiano herself infuses the staff with the same

discerning eye towards elegant simplicity. The top favorite after all

these years is still the lasagne verdi alla bolognese, seven layers of

freshly made pasta interlaced with rich bolognese and bechamel

sauces. Looking for something a little lighter? The impossibly

tender handmade fettuccine, tossed with shrimp, tomatoes, garlic,

basil, and extra virgin olive oil, shines in the freshest of ways.

A R E A O V E R V I E W

3 1P R O V I N C E W E S T | L 3 2 |

T H E L I M E L I G H T

Home to a bar, a café, and even a cardroom, The Limelight

wows its visitors on every level imaginable. A Sacramento

landmark since 1975, the newly refurbished Limelight bar

boasts a full bar, local wines, and rotating popular local beers

on tap. The Limelight Café features elevated American bar

food including burgers, tacos, wings, salads, artisan pizzas,

and breakfasts. In addition, the Limelight Cardroom is the

oldest standing privately held card room in Sacramento.

the importance of watershed baseball moments.

A R E A O V E R V I E W

3 2P R O V I N C E W E S T | L 3 2 |

J U N G L E B I R D

The Jungle Bird holds the title of Sacramento’s kitchiest tiki

bar with a huge menu of well-executed tropical drinks. Classics

mingle with unique cocktails like Spooky’s Lagoon, dark rum

mixed with 151, citrus, passion fruit, and allspice liqueur. The

food is passable, but it serves its purpose: acting as a buffer for

all the rum you’ll inhale while lounging within the bar’s thatch-

covered walls and hanging tiki art. Groups of six or more looking

a night they’ll never remember can order the Three Hour Tour,

a huge punch bowl filled dark rum, vodka, champagne, lime

juice, pineapple juice, orange juice, passion fruit, and honey.

A R E A O V E R V I E W

3 3P R O V I N C E W E S T | L 3 2 |

M C K I N L E Y PA R K

Sprawling over 1.5 acres, McKinley Park Rose Garden is the largest

of Sacramento’s rose gardens as well as its oldest classic public

rose garden. Initially home to 400 rose plants, the garden grew to

over 1,200 roses. When Frederick N. Evans originally designed the

park, he wanted to have the garden arranged into definite patterns

with all the rose varieties labeled with both their English and Latin

names so that the garden could be an educational place where

Sacramento residents and visitors interested in flowers and plants

could come and study their culture. The garden is now run by the

Friends of East Sac with help from the Sacramento Rose Society.

A R E A O V E R V I E W

3 4P R O V I N C E W E S T | L 3 2 |

E A S T S A C R A M E N T O FA R M E R ’ S M A R K E T

A local certified Saturday farmer’s market near downtown and

midtown off H Street under the trees in McKinley Park, the East

Sacramento Farmer’s Market showcases certified organic produce,

farm stand products, and artisan and fair trade crafts. Open every

Saturday morning from April to October, the market was the

winner of the 2014 Special Place Award from the East Sacramento

Chamber of Commerce. With great events like tomato taste-offs,

monthly raffles with special gift baskets as prizes, and local wine

tastings, the East Sacramento Farmer’s Market is truly a local gem.

A R E A O V E R V I E W

333 University Avenue, Suite 200, Sacramento, CA 95825www.provincewest.com

© 2019 Province West

The information contained herein is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Province West (“Broker”) and should not be made available to any other person or entity without the written consent of Broker. The Materials have been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough independent due diligence investigation. Broker, as a Real Estate Licensee is not qualified to discuss or advise on legal, accounting, or other matters outside of those permitted by state law. Broker has not made any investigation, and makes no warranty or representation, with respect to the future projected financial performance of the property, the acreage, square footage or unit count of the property and improvements, the compliance or non-compliance with City, County, State and/ or Federal regulations, or the physical condition of the improvements thereon. The information contained in this Brochure has been obtained from sources we believe to be reliable, however, Broker has not verified, and will not verify, any of the information contained herein, nor has Broker conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. All references to Broker include its officers, partners, agents, sub-agents, and employees. Buyer acknowledges that Province West, may (1) act as an agent for more than one prospective Buyer on the subject property and/or (2) act as the agent for both the Buyer and Seller on the subject property. Any prospective Buyer requesting that Province West submit an offer on its behalf acknowledges the foregoing disclosures and agrees to the described agency relationships with other prospective Buyers.

LIBBY WICKLANDT 916.549.8140 I BRE # 01430065

lwickland@provincewest.com

L I B B Y W I C K L A N D949.549.8140

lwickland@provincewest.com

BRE # 01430065

OFFER DUE DATE

ASKING PRICE

SELLER

LOCATION

UNIT DESIGNATION

TRACT MAP

LOT CONDITION

PRODUCT DELIVERY

ESTIMATED HOA

TAX RATE

UNIT COUNT

MIN LOT SIZE (SF)

MIN LOT DIMS

GROSS ACRES

MASTER MARKETINGPROGRAM

PAPA

TBD

TBD

NGC L32 LLC

East Sacramento, CA

Detached Single-Family

In Process

Unimproved

N/A

$1,500

Not to exceed 1.7%

12

1,235

N/A

0.39

N/A

N/A

L 3 2 : S A C R A M E N T O , C AT E A R S H E E T

CFD STATUSSeller is currently evaluating both SCIP and BOLD with the city of Sacramento. Due to the size of the

project financing, this will need to be done in conjunction with another project that the Seller has in

process. Details can be discussed with Broker (see contact below).

COST TO COMPLETE SUMMARY (SEE PG 17)

ONSITE/OFFSITE COSTS TOTAL

SOFT COSTS TOTAL

DEVELOPMENT FEES (NET OF SCIP)

TOTAL BUDGET

TOTAL

505,776

149,844

163,800

819,420

$/DU

42,148

12,487

13,650

68,285

$

$

$

$

$

$

$

$

SCHOOL DISTRICT

ELEMENTARY SCHOOLMIDDLE SCHOOLHIGH SCHOOLALT SCHOOL

Sacramento City Unified

David Lubin Elementary SchoolSutter Middle School

Hiram W. Johnson High School Sacramento Charter High School

API

API: 846API: 862API: 700API: 780

Great Schools

6 / 108 / 101 / 104 / 10

CSR

8 / 109 / 104 / 106 / 10

D O W N L O A D O M L I N K S