1501 Secret Ravine Pkwy Roseville, CA 95661

This property features 140 units of an original 302-unit condo development. The remaining 162 units are owned individually and many are rented. The subject property includes 130 units in 8 buildings in the Northwest portion of the property. These 130 units are on separate parcels and not included in the HOA, though adjacent to the 9 buildings containing the condos under the HOA. Ten of the units for sale are within the remaining 9 buildings within the HOA control and have full access to the existing clubhouse and large pool. The 130 units have exclusive access to a smaller pool and hot tub. A lot is included in the sale, originally slated for 20 additional units (approximately 155’ by 85’), that might be used for construction of a clubhouse and office. This lot has a restriction requiring there to be 11 low-income units if sold individually, but not necessary for renting. This could be accomplished by moving the low-income sale restriction to 11 of the units within the 130 units. The property is located in Roseville, near top schools, parks, shopping, and restaurants. The location provides access to office parks with employers such as Hewlett Packard, and is a short drive to downtown Sacramento. The area has a burgeoning entertainment scene and fast access to the Sierra Nevada Mountains. Ten of the condos can be sold separately as they remain within the HOA. The property offers high-quality condo finishes with large unit sizes and expansive amenities.