1200 South Ave - Apartments FOR SALE


Sacramento, CA 95838- Hagginwood
$1,100,000 USD
916-288-4522
1200 South Ave, Sacramento, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/8
null | 6.7% Cap Rate

1200 South Ave
Sacramento, CA 95838
Hagginwood


HIGHLIGHTS

  • Single level two bedroom floorplans
  • Recent unit upgrades
  • Excess land on the south side of the parcel

OVERVIEW

The Sacramento Multifamily Advisory Group is pleased to present this six unit property located in Sacramento, California. This is a Lender Sale. The property comprises of 100% highly sought after single level two bedroom units. Recent unit upgrades enhance the property's appeal with modern finishes and functionality, helping to limit immediate renovation needs and future capital expenditures. The property is well positioned for workforce housing, with a deep and diverse tenant pool. Excess land on the south side of the parcel offers potential for future ADU development, subject to local approvals. All site visits must be coordinated with the listing agent. For more information please contact Michael Mathios.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

6.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,081 SF

ZONING

R-1

APN/PARCEL ID

251-0163-009

ASK ABOUT THIS PROPERTY

Michael MathiosCushman & WakefieldMore Info
916-288-4522

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

Michael MathiosCushman & WakefieldMore Info
916-288-4522

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