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1240 Dealynn Street - Dealynn Corners, Sacramento, CA

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1240 Dealynn Street - Dealynn Corners

Sacramento, CA 95825-3583 - Outer Arden-Arcade MF Submarket

Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:1985
Stories:2 Building Size:8,000 SF Land Area:.44 AC (19,367 SF)
For Sale Price:$899,000 Price/Unit:$74,916.67 Cap Rate:4.50 % GRM:-

Parking:1.5 Parking Spaces / 1,000 SF

Property Description: Multi Family - 12 Units

Sale Notes:
1240 Dealynn St. is a 12 Unit Apartment Complex located in the Arden Arcade sub-market of Sacramento County. The property consists of (12) 1 Bedroom 1 Bathroom units along with off street parking and an on site laundry room.

**Value add deal with opportunity to stabilize rents to market**
Nearby Loehmann's Plaza, Arden Fair Mall and California State University, Sacramento are major draws to the southern end of Arden-Arcade. Public transportation is accessible along major thoroughfare Howe Avenue, along with bus lines servicing students to the university.

North Coast Commercial, Inc.
Tim Swanston
(916) 979-9930

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