1421 G St - Apartments FOR SALE


Sacramento, CA 95814- Mansion Flats
$1,590,000 USD
916-662-5771
1421 G St, Sacramento, CA for Sale
$1,590,000 USD
Apartments - FOR SALE
1/12
null | 4.04% Cap Rate

1421 G St
Sacramento, CA 95814
Mansion Flats


HIGHLIGHTS

  • Spacious units with flowing floorplans
  • Vintage building with character
  • Thriving downtown location blocks from the Convention and Performing Arts District

OVERVIEW

Exceptional opportunity to own a three story walk-up of vintage American four square design with colonial revival and craftsman influences. Six spacious one-bedroom units have large, airy floorplans that flow comfortably between living room, dining room, bedroom, kitchen, & laundry porch. These desirable apartments are rarely vacant. The property also offers investors potential upsides on renting 3 currently vacant garage/storage spaces, creating a Ratio Utility Billing System (RUBS) for water and sewer utility reimbursement, as well as rent increases to market rents. The .15 acre lot may also have further development potential. Check with City for options. Contact Kari Bryski for financials and rent roll.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,000

CAP RATE

4.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-3A

APN/PARCEL ID

002-0165-017-0000

ASK ABOUT THIS PROPERTY

Sam AllenGrounded.More Info
916-662-5771

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Sam AllenGrounded.More Info
916-662-5771

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