10335 White Rock Rd - Apartments FOR SALE


Rancho Cordova, CA 95670- Outer Rancho Cordova
$4,395,000 USD
858-922-4181
10335 White Rock Rd, Rancho Cordova, CA for Sale
$4,395,000 USD
Apartments - FOR SALE
1/18
null | 6.99% Cap Rate

10335 White Rock Rd
Rancho Cordova, CA 95670
Outer Rancho Cordova


HIGHLIGHTS

  • PRICE REDUCTION.
  • Offered at $146,500/Unit With Current Average Rents of $1,448.
  • Ideally Located in One of the Lowest Vacancy Submarkets in the Sacramento MSA.
  • SB 721 Compliant.
  • Amenity Rich Community With On-Site Laundry, Ample Parking and Common Area Courtyard.
  • Majority of the Units Have Been Upgraded With Laminate Plank Flooring, New Appliances and Updated Light Fixtures.

OVERVIEW

ALIVE Commercial Real Estate is proud to present Heritage Glen Apartments, a well-maintained 30-unit multifamily community in Rancho Cordova, CA, (Sacramento MSA). Sprawling over 1.1 acres of well-maintained grounds, the property offers an attractive unit mix of (9) one-bedroom/one-bathroom, (20) two-bedroom/one-bathroom, and (1) three-bedroom/one-bathroom floor plans. The community features a durable stucco exterior, pitched composition shingle roof, central HVAC, and private patios or decks for each unit. In recent years, most units have undergone significant upgrades, including laminate plank flooring, new appliances, freshly painted cabinetry, and modernized fixtures— resulting in a current average rent of $1,448. Current ownership has invested heavily in stabilizing the rent roll through proper third party management and property improvements, leaving a new owner with a pride of ownership asset.

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

30

PRICE/UNIT

$146,500

CAP RATE

6.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Glen Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

MDR

APN/PARCEL ID

077-0010-049

ASK ABOUT THIS PROPERTY

Spencer MoyerALIVE Commercial Real EstateMore Info
858-922-4181

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Spencer MoyerALIVE Commercial Real EstateMore Info
858-922-4181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.