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Brett P. Swarts916.303.3262 DRE# 01774876CommericalRealtyAA.com

Exclusive Listing – 4.126 acres 2100 Ferndale Court | Placerville, CA 95667

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2100 Ferndale Court is an excellent opportunity to own 4.126 acres with immediate access and visibility to Highway 50 and street frontage on Broadway, the major artery connecting to main street into downtown Placerville. This site is unique in that it serves as one of the last large development sites in all of Placerville. Previously entitled for a Hilton Hotel with entitlements expired around 2012 and also previously entitled senior housing assisted living facility with plans available with JDA architect with entitlements expired around 1/1/17. The City may be amenable to both uses. They would like an update of traffic impact report and EID letter with approval for water and fire department. The cost to add a 2 inch water line to the property is approximately $250,000. ¾ inch and 1 inch water meters are already to the property which have approximately $80,000 buy back from the city if a 2 inch water meter were to be put in place. Current lender is open to extending current note in the amount of $280,000 or more at 10% with a qualified purchaser.

Property Description Address

apn 048-350-58-100number of buildings 3rentable square footage 17,972+/- sfyear built n/apurchase price $1,800,000landscaping mature tress & shrubszoning RT amenities n/aoccupancy n/atopography flat & small hilllot size 4.126 acresEntitlements None

2100 Ferndale Court, Placerville CA 95667

$250k+/- $80K $100$1.8M

Financial Overview

Senior Housing or Hotel Development Opportunity

fee-simple ownership

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Walkability

1.2 miles to Dollar Tree and Grocery Outlet. 1.7 miles from Savemart, Wells Fargo, Starbucks, Taco Bell, Rite Aid, Snap Fitness, McDonalds and other retail shopping Center and multiple restaurants. 2.6 miles from downtown Placerville

Marshall Hospital just 2.5 miles away

Previous Entitlements

Senior Housing Assisted Living &

Hilton Hotel

Barriers to entryLimited large parcel supply

market with high barriers to entry with exceedingly higher

costs to build.

INVESTMENTHIGHLIGHTS

LocationExcellent location in one of the most desirable submarkets in Sacramento with mostly

single family homes in the area. Easy and quick access to Highway 50 and 45 min drive drive to downtown Sacramento.

Delivered Free and ClearExisting financing may be available from

a local lender at 10% for a qualified buyer.

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PLA CER VIL LE

Micro Location HighlightsP l a c e r v i l l e

Short drive to downtown Placerville

Marshall Hospital just 2.5 miles away

State-of-the-Art Health Care just a few miles from the property

Outdoor Recreation

Less than 3 miles from Apple Hill. Less than 1 mile from multiple vineyards. El Dorado County recreation options including hiking, horseback riding, public parks, golf courses, mountain biking, fishing and white water rafting.

Placerville is a scenic and charming California gold rush town strategically located between the state capital Sacramento and South Lake Tahoe with convenient access to Highway 50 and

Highway 49. It is around a 30 min drive east of regional Sacramento employers and about one and one half hours from

Lake Tahoe. Whether running a business, raising a family, or retiring, citizens of Placerville have the best of both worlds; small-

town ambiance and larger-city opportunity. Placerville is the County seat and the center of financial, commercial, civic, and Government activity. Premier wineries, Apple Hill Ranches, Historic Coloma, the American River, and the El Dorado National Forest are all located

within minutes of downtown Placerville.

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Local Employment Overview As of December 2016, El Dorado County had a labor force of 89,400 and an unemployment

rate of 5.4%. Government, healthcare services and entertainment drive the county’s

economy. The largest employers include the County of El Dorado itself, Red Hawk Casino,

and Marshall Medical Center, all located in the city of Placerville. The property is also a close

commute to Sacramento, which has seen some of the largest job growth in the country, and

has very strong employment fundamentals in industries including technology, healthcare and

government.

Rank Employer City Employees Type of Business

1 El Dorado County Placerville 1,860 Government

2Blue Shield of

California El Dorado Hills 1,341 Nonprofit health plan

3 Red Hawk Casino Placerville 1,300Casino, entertainment,

restaurants

4Marshall Medical

Center Placerville 1,202Hospital and health

care services

5 DST Output El Dorado Hills 850Manufacturing and

technology

6 Barton Health South Lake

Tahoe 840Hospital and health

care services

7 U.S. Government Various

locations 788 Government

8 State of California Various

locations 743 Government

9 Safeway Inc.Various

locations 694 Grocery store chain

10El Dorado County

Office of Education Placerville 669 Education

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Sacramento Region Overview The Sacramento regional employment market is strong and growing. As the seat of

California’s government, Sacramento has a stable job base anchored by various state and

federal agencies, as well as an expanding private sector — HP, Intel, Dignity Health Care,

Kaiser, and Sutter Health all have significant presences locally. In total, the Sacramento

region added approximately 23,000 jobs in the past 12 months (2.5% Y-O-Y growth), and has

exceeded its previous employment peak by over 17,000 jobs. Furthermore, unlike the

previous cycle (where employment was largely driven by construction) the jobs created in

this cycle more stable and found in a wide variety of diverse industries including; healthcare,

technology and education. As the Capital City of California, Sacramento is the 25th largest

metropolitan area in the U.S. with over 2.5 million people. Located in the northern portion of

California’s Central Valley, Sacramento has been one of the fastest growing regions in the

U.S. and has experienced more than 20% population growth over the past decade. Quality

and cost of living have enticed residents to migrate from neighboring Bay Area to

Sacramento.

The unemployment rate in the Sacramento--Roseville--Arden-Arcade MSA was 4.8 percent in

June 2017, up from a revised 4.1 percent in May 2017, and below the year-ago estimate of 5.4

percent. This compares with an unadjusted unemployment rate of 4.9 percent for California

and 4.5 percent for the nation during the same period. The unemployment rate was 4.6 percent

in El Dorado County, 4.2 percent in Placer County, 5.0 percent in Sacramento County, and 5.1

percent in Yolo County.

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Sacramento Construction Multifaimly Overview

According to Co-star, “construction was slow to start following the Great Recession, and

while deliveries from 2014–16 far outpaced those of the prior few years, development this

cycle has been meek. Less than 2,000 units have delivered since 2010, and only around 300

units came on line in 2017. Developers are showing signs of life, however, because a number

of projects are under construction. High construction costs, lengthy and difficult approval

processes, and uncertainty of demand to support high-end rents deter many developers here.

Before breaking ground, entitlement costs for apartment projects often range from $40,000–

$50,000/unit, depending on a variety of factors. Those entitlement costs were only slightly

less than the average price per unit for existing product in Sacramento from 2010–13.

A few developers have focused on urban areas, specifically downtown, midtown, and just

across the river to the west. New product here has solely been 4 & 5 Star, with large units and

top-notch amenities to entice renters to migrate to a live/work/play environment. Eviva

Midtown, for example, delivered in September 2016. The 118-unit modular development

features a mix of large one- and two-bedrooms, along with high-quality amenities. Ice House

and the 700K Apartments are underway downtown and will deliver 142 and 137 units

respectively. In January 2017, the Sacramento Kings completed an acquisition of an

infamous vacant lot along the 800 block of K Street, revealing plans for up to 92 apartment

units and ground-floor retail. The project, dubbed Bel Vue, is currently under construction and

may deliver in 2018. However, the majority of projects underway are in affluent suburban

submarkets such as Roseville/Rocklin and Elk Grove, favorites of Bay Area residents

searching on Apartments.com. For instance, both The James and The Garnet Creek

Apartments delivered their first phases in the Roseville/Rocklin Submarket, while the Landing

at College Square completed its second phase in Elk Grove in 17Q2. Another example is the 4

Star 324-unit Vasari in Elk Grove, which will feature amenities such as a cybercafe, pet spa,

and yoga studio. The project should deliver in the first half of 2018.”

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Sacramento Region Job Overview

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Property Photos

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Senior Housing Assisted Living Entitlements-expired

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The location was a former Holiday Inn Express development which began in 2008 but was halted due to the recession. It is located across highway 50 from the subject property less than .5 miles away.

2.99 AcresSold: $1,900,000 12/4/15N Point View Drive Placerville, CA 95667

Sales Comparables

Property is located next door to the above comp

1.9 AcresSold: $1,075,000 12/30/163145 Jacquier RoadPlacerville, CA 95667

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Brett P. Swarts

M e e t B r e ttHi, I’m Brett Swarts

Together with my team at Commercial Realty Apartment Advisors, I help commercial real estate owners win with their investment real estate, increase cash flow, and sell with confidence. I like to think I treat my clients as if they are my own Family.

With over $70,000,000 in closed transactions and formerly an associate at the Largest Commercial Real Estate Brokerage firm in the country, I’ve had hands-on training from some of the best in the business. But my favorite wins are at home—a 8+year marriage and four daughters.

Through full transparency, laser focus on specific niche product specialty, creative alternative 1031 exchange options, (Deferred Sales Trust™ -Eliminate the need for a 1031 exchange), —we’re creating a proactive leading commercial real estate firm. Every deal, we strive to help our clients succeed. We hope you’ll join us.

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What Brett Does Different?

Traditional Exchange

45 Days to Identify your upleg

properties from close of your

downleg property. 180 days to

close on these uplegs. To

defer 100% of the tax, the

purchase price and debt from

the property sold must be

equal or greater amount than

the down leg sold price and

debt paid off.

1031 Exchange

Capital Gains Tax Solutions

In addition to his Commercial Real

Estate Brokerage Company, Brett is

also CEO and President of Capital

Gains Tax Solutions where he provide

Trustee Services to help clients invest

into real estate when the timing is

right for them using a structured

installment sale, all the while your

capital gains taxes are deferred. For

more information, please visit

www.capitalgainstaxsolutions.com

Deferred Sales Trust

100% Real Estate Investment

Another way to achieve diversity in your 1031 exchange

is to purchase an interest in Delaware Statutory Trust.

DSTs are like a little mini portfolios in which there might

be three to five different properties and those properties

may be located in different business segments or

different geographic segments of the country. So you

could get both business and geographic diversity in your

replacement property acquisitions by going into a

Delaware Statue Trust. That's another way to break the

money up and get a greater amount of diversity so that

you don't have all of your eggs in one basket.

Delaware Statue Trust

P r o v i d e s M u l t i p l e C a p i t a l G a i n s T a x D e f e r r a l S o l u t i o n s

P r o v i d i n g F l e x i b i l i t y - a l l o f t h e a b o v e c a n b e m i x e dBrett P. Swarts/916.303.3262/ CommercialRealtyAA.com

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CONFIDENTIALITY & DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended only to be reviewed by the party receiving it from Commercial Realty Apartment Advisors (hereafter “CRAA”) and should not be made available to any other person or entity without the written consent of CRAA. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. CRAA nor any of it’s partners or broker has not made any investigation and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulators, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, CRAA has not verified, and will not verify, any of the information contained herein, nor has CRAA conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. CRAA makes no guaranties, warranties or representations as to the completeness thereof. This document has been prepared by CRAA for advertising and general information only. CRAA excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. All property showings are by appointment only. Please contact the listing agent for more details

Brett P. Swarts 916.303.3262 DRE# 01774876 /CommercialRealtyAA.com

Exclusive Listing – 4.126 acres 2100 Ferndale Court | Placerville, CA 95667