Two years after sale, downtown office sees 63 percent gain

Two years after sale, downtown office sees 63 percent gain

701 12th Street recently sold for $1.3 million with Tony Wood and Ben Tiner representing the seller. Two years ago, HKG Properties LLC purchased the building for $800,000, resulting in a 63 percent gain. Properties in close proximity to the new arena are in high demand, which impacted the sale price.

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Sacramento Business Journal - Two years after sale, downtown office sees 63 percent gain