Permits have been filed to convert a hotel into multi-unit housing at 728 16th Street in Mansion Flats, Downtown Sacramento. The project will result in 132 new units two blocks away from the Governor’s Mansion. Rancho Cordova-based DesCor Builders will be responsible for the conversion.
The four-story structure was built in 1979 and renovated in 2020. Until recently, it had been managed as a Holiday Inn Hotel. 728 16th Street contains 41,400 square feet with parking on-site. An investment highlight pamphlet for the property advertised that the hotel could be converted to multi-family housing or micro-units renting at $1,400 per month. The existing structure includes a fitness and business center.
DesCor Builders are also responsible for Mansion Apartments, a 183,000 square foot residential development designed by C2K Architecture, located between 728 16th Street and the Governor’s mansion.
Permits estimate the conversion will cost $3.4 million. A project applicant is not listed in city records.