Description
The MORE Real Estate Group as exclusive advisor, is pleased to present a prime investment opportunity in the Historic Folsom area! This meticulously maintained 2,730 +/- SF property consists of two buildings offering a long term Salon Suites concept. Building (1), featuring 1,500 +/- SF, was originally constructed in 1996 and fully renovated in 2020. It includes 6 private salon suites, reception and waiting area, restroom facilities, and a community kitchen. The suites feature 14 ft ceilings, laundry hookups, and large windows providing abundant natural light. Building (2) is a newly built 1,230 +/- SF structure completed in 2022, offering an additional 6 suites with 11ft ceilings, a small reception area, restrooms, and windows in every room. The lot provides 14 designated parking spots for tenants and guests as well as additional street parking, and full ADA accessibility. Located within the highly desirable Historic Folsom District, this property benefits from a strong rental history and offers investors a secure, turnkey asset in an affluent community.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
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1,492SQFT
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$1,408$/SQFT
School Ratings & Info
Description
The MORE Real Estate Group as exclusive advisor, is pleased to present a prime investment opportunity in the Historic Folsom area! This meticulously maintained 2,730 +/- SF property consists of two buildings offering a long term Salon Suites concept. Building (1), featuring 1,500 +/- SF, was originally constructed in 1996 and fully renovated in 2020. It includes 6 private salon suites, reception and waiting area, restroom facilities, and a community kitchen. The suites feature 14 ft ceilings, laundry hookups, and large windows providing abundant natural light. Building (2) is a newly built 1,230 +/- SF structure completed in 2022, offering an additional 6 suites with 11ft ceilings, a small reception area, restrooms, and windows in every room. The lot provides 14 designated parking spots for tenants and guests as well as additional street parking, and full ADA accessibility. Located within the highly desirable Historic Folsom District, this property benefits from a strong rental history and offers investors a secure, turnkey asset in an affluent community.
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