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2573 Rio Linda Boulevard - Del Rio Apartments, Sacramento, CA

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2573 Rio Linda Boulevard - Del Rio Apartments

Sacramento, CA 95815-2218 - Old North Sacramento MF Submarket

Property Type:Multi-Family Number of Units:24 Status:Existing Year Built:1965
Stories:2 Building Size:16,800 SF Land Area:.48 AC (21,000 SF)
For Sale Price:$1,488,000 Price/Unit:$62,000.00 Cap Rate:5.92 % GRM:-

Parking:1 Parking Spaces / 1,000 SF

Property Description: Multi Family - 24 Units

Sale Notes:
Marcus & Millichap is pleased to offer for sale on an exclusive basis the Del Rio Apartments, a 24-unit garden-style complex entirely comprised of 2x1 units. Each unit is 700sq ft, with some featuring upgraded interiors achieving new high rents. The new investor will have the opportunity to continue these renovations and with a short period of time should be achieving above an 8% cap rate. Please see offering memorandum for more details.

Marcus & Millichap Inc
Anthony DeLoney
(916) 724-1363

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