2226-2230 Sutterville Rd - Apartments FOR SALE


Sacramento, CA 95822- Pocket-Greenhaven
$2,400,000 USD
858-922-4181
2226-2230 Sutterville Rd, Sacramento, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/24
null | 5.63% Cap Rate

2226-2230 Sutterville Rd
Sacramento, CA 95822
Pocket-Greenhaven


HIGHLIGHTS

  • Current Rents Well Below Market, Allowing A New Owner to Realize Substantial Upside Through Hands-On Management.
  • 6.93% Pro Forma Cash-On-Cash With Defendable Rent Projections.
  • Fantastic Location: Land Park Adjacent and Directly Across Sacramento City College.
  • Immediate Access to Crocker Village, a 72-acre Mixed-Use (Retail + Residential) Urban Infill Development.
  • Well Maintained, Pride of Ownership Asset.

OVERVIEW

ALIVE Commercial Real Estate is pleased to present Sutterville Apartments, a well-maintained 15-unit multifamily investment offering exceptional value-add potential in an irreplaceable Sacramento location. The property features an attractive unit mix of (5) studios, (9) one-bedroom/one-bath units, and (1) two-bedroom/one-bath unit—a combination consistently in high demand among renters and supportive of minimal vacancy. With rents currently below market, a new owner has the opportunity to realize significant income upside through modest operational and management improvements, without the need for major capital expenditures. Upon stabilization, the property is projected to deliver north of a 7% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento’s most desirable infill corridors. Sacramento’s housing pipeline has slowed considerably, with projected inventory growth of just 1.1% in 2025, even as employment gains and new household formation continue to accelerate. Sutterville Apartments offers investors the opportunity to acquire a well-maintained asset at a meaningful discount to replacement cost, precisely as interest rates begin to decline. Favorable market dynamics are creating positive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical levels.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

15

PRICE/UNIT

$160,000

CAP RATE

5.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sutterville Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C4

APN/PARCEL ID

018-0021-007,018-0021-008

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 Notice.