193 Blue Ravine Rd
Folsom, CA 95630

• Unit Size: 1,850 SF
• Condo Use: Office
• Price: $575,000 USD
• Sale Type: Investment
• Price/SF: $310.81 USD

Description

This is an exceptional opportunity to acquire a stabilized, passive investment in a high-demand area of Folsom, California. This ground-floor unit is located in a professional office building at 193 Blue Ravine Road, this single-unit property is fully leased to a reputable company, ensuring steady income with the potential for year-over-year growth over the next four years.

The building itself is a modern, two-story brick structure set amidst lush landscaping and mature trees, offering a serene yet highly professional environment. With abundant natural light streaming through large windows, the workspace inside promotes both productivity and comfort. Ample parking and well-maintained grounds add to the appeal, making this property highly attractive to tenants seeking a prestigious business address.

Situated in a desirable area, this property offers convenient access to major thoroughfares and local amenities, while maintaining a calm, inviting atmosphere. The surrounding professional community and nearby services enhance its marketability as a sought-after business location.

Investors will appreciate the combination of stable cash flow (plus 3% increases for the next 4 years), professional surroundings, and the potential for increasing returns, making this a prime asset in any portfolio.

Sale Notes

Stabilized investment with established future growth in a very desirable area. The building is well-managed and nearly all maintenance costs are built in. Perfect for a passive investor. Cap rate includes HOA reserves that accumulate to cover major capital expenditures.