2312 Villanova Cir - Apartments FOR SALE


Sacramento, CA 95825- Outer Arden-Arcade
$2,350,000 USD
916-792-7017
2312 Villanova Cir, Sacramento, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/16
null | 5.27% Cap Rate

2312 Villanova Cir
Sacramento, CA 95825
Outer Arden-Arcade


HIGHLIGHTS

  • Plenty of parking
  • Remodeled units
  • 100% occupancy

OVERVIEW

Massive opportunity to be the new owner of this cash-flowing, 100% occupied, Arden-Arcade 8-plex building! This is The Villanova Garden Apartments in Sacramento, CA. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191 GLA on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years providing the new ownership a true plug and play model. Updates to the remodeled units include new kitchen and bathroom, counters and cabinets, tub and shower, a stand alone gas range w/ventilation hood, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Two units remain up to new ownerships imagination as your own personal canvas and value-add opportunity. Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. Financial information is available upon request.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

8

PRICE/UNIT

$293,750

CAP RATE

5.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

RD20

APN/PARCEL ID

285-0265-005

ASK ABOUT THIS PROPERTY

Robert HeatheringtonCobalt Real EstateMore Info
916-792-7017

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Robert HeatheringtonCobalt Real EstateMore Info
916-792-7017

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