1043 39th St - Apartments FOR SALE


Sacramento, CA 95816- East Sacramento
$2,000,000 USD
916-715-6455
1043 39th St, Sacramento, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/17
null | 4.8% Cap Rate

1043 39th St
Sacramento, CA 95816
East Sacramento


OVERVIEW

This 7-plex is located in the Heart of East Sacramento. With attractive yearly gross rents of $173,784 and with its anchor location this investment property should be at the top of your list. Close to two hospitals with a high walkability and bike score to all things East Sac, Midtown and Downtown. All 7 units have premium specs. Five of the units are 2 bedrooms and 1.5 bathrooms with two units having 3 bedrooms and 1.5 bathrooms. Units are in above average condition with updated countertops in kitchen and bathrooms. There are 6 off street parking spots and coin laundry on-site. Central HVAC in all units as well. See attached Pro Forma with detailed information.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,714

CAP RATE

4.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R-4-R

APN/PARCEL ID

008-0134-033

ASK ABOUT THIS PROPERTY

Chad TalachGuide Real EstateMore Info
916-715-6455

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Chad TalachGuide Real EstateMore Info
916-715-6455

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