Colliers is pleased to present 1015 Arcade Blvd, a 20-unit apartment complex that consists of all 2bedroom/1bathroom floorplans. This is an add-value opportunity for a new or experienced investor. Average rents at the complex are $1,166 where other 2bedroom units are renting between $1,600 to $1,800 per unit in the area. The complex has five separate fourplexes that are two stories with stucco exterior. Each unit features wall heat and air conditioner along with electric stove and refrigerator. Flooring throughout the units is tile or laminate with wood kitchen cabinets and vanities. There is on-site laundry for the residents along with off-street parking. Currently there is no RUBS program (Ratio Utility Billing System) being implemented which can boost further cash flow at the property by an additional $25 to $75 per unit on turnover. This rental community is in South Hagginwood which is a neighborhood in Sacramento, California. The Arden Fair Shopping Mall is less than 2.5 miles and Downtwon Sacramento is just over 5 miles to the Capital 1 Center. Being in proximity to these two core submarkets provides residents with access to employment, retail shopping, dining, and other general services. Within this area of Sacramento 54 percent of the population are renters while the remaining 46 percent are homeowners. Residents with children have elementary, middle, and high schools in a short distance. In addition, there are a vast number of public parks available for outdoor play and activities.