Q19

Midtown

Offers Due February 15, 2019

Q19

Region: Midtown
Use: Multifamily / Retail
Lease or Sale: Sale
Building Size: ±46,167 SF
Sale Price: Negotiable

Offers Due February 15, 2019

View Property Website & Offering Memorandum

Q19 is Midtown Sacramento’s newest and most progressive Mixed-Use Multi-Family Residential Property. Enjoying a AAA location in the heart of Midtown, Q19 is a 4-story mid-rise project comprised of 33 Studio, 26 one-bedroom and 9 two-bedroom luxury apartment units in addition to 1,985 SF of retail.

The majority of luxury apartments include a full balcony/patio, and those that don’t include a “Juliet” balcony. All units include generous 10 – 11 foot ceilings with stunning floor to ceiling glass windows. In addition, every unit includes best-in-class finishes and appliance packages including GE Diamond Grey in-unit stacked washer/dryer, genuine quartz counters with subway tile backsplash, custom vinyl faux wood floors, level 5 smooth finish walls, premium custom two-tone kitchen cabinetry and bathroom vanities, large closets (including many walk-ins), GE Energy Star appliance package, USB charging outlets and a Vivint Smart Home Management System allowing residents to fully control their HVAC, keyless entry, security and lighting systems via their Smart Phones.

Turn-Key On-Site Amenities

Q19 features cutting-edge amenities including an internet café where residents can enjoy free WiFi access and catch up on the latest local activities on an 85” interactive Touch-Screen. Residents also benefit from a large Amazon drop box, a bike kitchen with free rentals and a fully equipped bike repair station, complimentary pet spa  allowing residents the ability to fully clean and groom their pets, a JUMP Bike station directly in front of the property, two Volkswagen e-Golf Envoy Electric Vehicles available for rent, and a state-of-the-art fitness center with Peloton bike.

Premier Midtown Location

Q19 enjoys one of, if not, the best locations in Midtown. Prominently positioned on the NE corner of 19th and Q Street, most units enjoy views of the new Truitt BARK Dog Park and the urban skyline. Midtown Sacramento is the perfect fusion of successful locally owned business and organic youth infused goods and services; a healthy dose of carefully selected national and regional retailers and an eclectic mix of high-end demographic occupations are embedded in a landscape of unique older buildings and mature trees. Q19 is located in the heart of this thriving submarket.

Urban Luxury Living

All units include generous 10 foot ceilings with stunning floor to ceiling glass windows. In addition, every unit includes best-in-class finishes and appliance packages including GE Diamond Grey in-unit stacked washer/dryer, genuine quartz counters, custom vinyl wood floors, level 5 smooth finish walls, premium custom two-tone kitchen cabinetry and bathroom vanities, large closets, USB charging outlets and a Vivint Smart Home Management System allowing residents to fully control their HVAC, keyless entry, security and lighting systems via their Smart Phones.

Distinctly Q19

What separates Q19 from all of its competitors in Sacramento’s urban core is the perfect location, attractive apartments emphasizing more efficiently designed units of smaller scale, progressive features, and high-quality finishes in every single unit in the project. There is no other multi-family residential property in the urban core that can match all of these characteristics. As a result, Q19’s leasing velocity and rents have exceeded projected timelines and pro-forma.

The combination of these variables translates to a highly reliable, risk free investment to ownership. The smaller units allow for highly competitive “gross” rents for quality conscience renters. When the economy is in a down cycle and rents become very competitive, you have the highest quality, most progressive product with the best location in the market. Therefore, at any given price point, you may always choose to be fully occupied. That’s a very safe place to be.

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