13991 River Rd - Apartments FOR SALE


Walnut Grove, CA 95690
$1,350,000 USD
650-339-6818
13991 River Rd, Walnut Grove, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/7
null | 9.37% Cap Rate

13991 River Rd
Walnut Grove, CA 95690


HIGHLIGHTS

  • Seller Financing Available
  • Cap Rate 9.37% | Proforma 12.56%
  • 13 Single Story Cottages
  • Opportunity to Institute RUBS

OVERVIEW

Marketing Description Turnkey 13-cottage community in the heart of Walnut Grove, just steps from the Sacramento River and downtown amenities. Each detached cottage is recently built and designed for functionality, privacy, and long-term tenant appeal. The property sits on a 1.52-acre parcel with clean, well-maintained grounds, mature trees, and pride of ownership throughout. This asset offers immediate cash flow with a cap rate of ~9.37% and a clear path for value-add upside. By reinstating RUBS, new ownership can bill back water, sewer, and garbage costs to tenants, creating a significant NOI boost. In addition, the property has the potential to add two additional units, further enhancing long-term returns. Residents enjoy private parking, storage sheds, community laundry, and easy access to major transportation routes. This is a rare opportunity to acquire a stabilized, high-yield cottage community with multiple levers for value creation.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

13

PRICE/UNIT

$103,846

CAP RATE

9.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,303 SF

ZONING

SPA

APN/PARCEL ID

146-0150-013

ASK ABOUT THIS PROPERTY

Rachna GandhiCatalyst Commercial PartnersMore Info
650-339-6818

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Rachna GandhiCatalyst Commercial PartnersMore Info
650-339-6818

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