In the foothills east of Sacramento, where Highway 50 begins its climb toward Lake Tahoe, a new sanctuary for collectors is taking shape. Hobby Condos, a 43-unit collection of private garage and hobby condominiums in El Dorado Hills, California, is built for those whose passions deserve more than a corner of the family garage.
A Private Space Built Around What You Collect
Each condominium is a premium steel-shell space with a soaring mezzanine loft, ranging from 1,340 to 3,216 square feet and pricing starting at approximately $350 per square foot, a fraction of comparable luxury garage projects nationwide. Behind your own private door, the canvas is yours: a gallery for the collection, a workshop for the restoration, secure storage for the boat and RV between adventures, or a loft lounge where the evening ends among the machines that made it worthwhile.

The setting fits the ambition. El Dorado Hills is one of Northern California's most affluent communities, with average household income above $213,000 and average home values near $886,000. Folsom Lake, Sierra backroads and South Lake Tahoe are all within reach. Its upscale, HOA-constrained neighborhoods have created exactly the demand Hobby Condos answers: a dedicated home for premium toys. Twelve of the 43 units are already reserved with deposits in escrow. Prospective owners can join the priority list now to secure a completed unit and design it around what they collect, build or enjoy.
Don't Just Own a Unit. Own a Piece of the Project.
Here is what sets Hobby Condos apart from every other garage condominium you'll read about: you can invest in the development itself. Altus Equity Group, the project's sponsor with more than 75 completed transactions since 2003 and a 91% investor reinvestment rate, is raising approximately $4.5 million in preferred equity at a 14% preferred annual return with a targeted three-year hold. Investors are paid first, receiving a full return of capital plus the entire preferred return before any sponsor, contractor or landowner profit. Altus is also co-investing up to $1 million alongside its investors on the same terms. For the enthusiasts who have watched this asset class sell out across the country, it is the rare chance to be on the ownership side of the trend.

Reserve Your Space or Your Position
A suite for the collection, a defined-return stake in the project behind it, or both. With a limited equity raise and fewer than three-quarters of the units remaining, the window is a short one.
Click the button below to reserve a unit or request the investment offering.
GALLERY-EMBED
Chad Richards | 707.227.4422 | crichards@altusequity.com
James McGee | 619.865.1551 | jmcgee@altusequity.com
For accredited investors only. Projected returns and hold periods are not guaranteed. This email is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities. Any offering will be made solely through definitive offering documents, including a Confidential Private Placement Memorandum. Past performance is not a guarantee of future results. Unit availability, pricing and reservation terms are subject to change. Images are artist renderings and conceptual depictions of proposed designs, shown for illustrative purposes only. They do not represent existing or completed units, and final designs, finishes, features and dimensions may differ.