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1819 23rd Street

Updated May 12, 2025

TTFF Properties LLC Acquires Industrial Property In Midtown Sacramento For $2.15M With Bud Applegate And Spencer Applegate As Buyer's Reps
SOLDIndustrial

TTFF Properties LLC Acquires Industrial Property In Midtown Sacramento For $2.15M With Bud Applegate And Spencer Applegate As Buyer's Reps

1819 23rd Street

$2,150,000

$84/SF

Building Size

25,600 SF

Asset Type

Industrial

Closing

Apr 24, 2025

About this deal

AI

The industrial property located at 1819 23rd Street/2311 South Street in Sacramento has been sold for $2,150,000. The facility encompasses a total square footage of 25,600, equating to a price per square foot of $84. The sale represents a significant transaction within the Midtown Sacramento market.

Summary of transaction details:

TTFF Properties LLC, the purchaser of the property, has plans to utilize the warehouse space for storage purposes. The transaction involved key representatives from both the buyer's and seller's sides, highlighting the collaborative efforts in finalizing this deal.

Players

Ken Turton

Turton Commercial Real Estate

Broker

$19.2M

vol

2 deals

Broker

Sacramento Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $84 per square foot on a published $2.2M for 25,600 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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