2325 Clayton Rd, Concord California 94520
Size: 32 Units
Price: $6,295,000

(Qualified Opportunity Zone)  CFA Property Advisors Group of Marcus & Millichap has been selected to exclusively market for sale Salmon Run, an exciting apartment redevelopment opportunity, located at 2325 Clayton Road in Concord, CA. The subject property will be delivered fully-entitled and permit ready for the construction of 32 apartment units consisting of four studios and 28 one-bedroom/ one-bathroom units. The improvements include podium garage parking and what will be two levels of residential units above. Originally built-in 1989, the three-story building consists of 26,540 square feet of office space and resides on a 21,736 square foot lot. The total net rentable area after the conversion will approximately 21,651 square feet with the average unit size totaling 676 square feet. The plans include community features with key fob access secured entryways, reception and lobby area, lounge, fitness center, 3,450 square foot rooftop deck surrounded by a tempered glass railing, views of Mt. Tamalpais and furnished with tables and chairs, fire pits, and barbecues.