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Sacramento, CA 95815
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Here is a Great Opportunity to own this 18 Unit Apartment Complex, with a Cap Rate of 6.93 Qualified investors can assume loan in place at an interest rate of 4.85% with 30 year amortization. Property provides excellent cash flow as the current owner has invested over $160,000 in capital improvements; fencing, new gas lines, two operational laundry rooms, operational store rooms/storage areas, security cameras, exterior painting, fenced in and demarcated parking lot, and numerous safety improvements This property has 16-One Bedroom and 2-two Bedroom units. Most(~80%) units are upgraded with numerous improvements such as new flooring, cabinets, countertops, bath tubs, windows, Interior Painting, appliances New ownership can take advantage of dependable and consistent cash fl ow as most of the units are rented to tenants where government agencies or external programs pay most of the rent This is a Must See!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,300,000

AD Id : 53565992

MLS Id : 223112274

County : Sacramento

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Selma Street, Sacramento, CA, 95815 $180,000 -- -- -- 14,374.80 Sqft(Lot)
Diamond Avenue, Sacramento, CA, 95815 $195,000 -- -- -- 94,089.60 Sqft(Lot)
Arcade Boulevard, Sacramento, CA, 95815 $55,000 -- -- -- 4,225.32 Sqft(Lot)
Selma Street, Sacramento, CA, 95815 $199,999 -- -- -- 14,374.80 Sqft(Lot)
Rio Linda Boulevard, Sacramento, CA, 95815 $165,000 -- -- -- Acres (Lot)--
Del Paso Boulevard, Sacramento, CA, 95815 $295,000 -- -- -- 33,375.67 Sqft(Lot)
Connie Drive, Sacramento, CA, 95815 $1,199,000 -- -- 4,296 14,374.80 Sqft(Lot)
El Monte Avenue, Sacramento, CA, 95815 $1,175,000 -- -- 4,680 10,018.80 Sqft(Lot)
Marconi Circle, Sacramento, CA, 95815 $550,000 -- -- -- Acres (Lot)--
El Monte Avenue, Sacramento, CA, 95815 $150,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/19/2026 @ 04:05

MLS: 223112274 LISTED BY: Frankie Thornton, Arriaga Real Estate SOURCE: MLS Metrolist

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