2626 Marigold Ln - Apartments FOR SALE


Sacramento, CA 95864- Outer Arden-Arcade
$5,000,000 USD
916-802-7803
2626 Marigold Ln, Sacramento, CA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/16
null | 5.61% Cap Rate

2626 Marigold Ln
Sacramento, CA 95864
Outer Arden-Arcade


HIGHLIGHTS

  • 28 units total: Excellent Unit Mix of 6 one-bedroom and 22 two-bedroom units
  • Built in 1985 with recent upgrades and ongoing maintenance reflecting pride of ownership
  • Located on a quiet cul-de-sac
  • Ample parking, on-site laundry facilities, and private courtyards
  • Strong rental demand with proximity to major employers, schools, shopping centers, and major freeways

OVERVIEW

Presenting 2626 Marigold Lane, a meticulously maintained 28-unit multifamily property in the thriving Sacramento market. Built in 1985, this property offers a unique blend of pride of ownership and future upside potential, making it a standout investment opportunity for savvy investors. The property consists of six one-bedroom units and 22 two-bedroom units, providing a diverse mix of rental options to meet the needs of various tenants. Boasting many recent upgrades, the property is in exceptional condition and is ready for continued long-term profitability. These improvements not only enhance the appeal of the property but also offer the potential for higher rents and increased property value in the future. Key Highlights: • 28 units total: 6 one-bedroom and 22 two-bedroom units • Built in 1984 with recent upgrades and ongoing maintenance reflecting pride of ownership • Well-maintained interiors with upgraded appliances, flooring, and fixtures in several units • Future upside potential for rent increases due to continued neighborhood development and ongoing property enhancements • Ample parking, on-site laundry facilities, and private courtyards for residents' enjoyment • Strong rental demand with proximity to major employers, schools, shopping centers, and major freeways • Located in a rapidly appreciating area of Sacramento with a solid rental history This property presents a rare opportunity to acquire a well-cared-for asset with immediate stability and significant room for growth. Whether you're looking to capitalize on strong cash flow or unlock the potential for higher returns through rent growth, 2626 Marigold Lane offers both. Take advantage of the pride of ownership and long-term value in this exceptional Sacramento multifamily property. Marigold Lane offers an excellent opportunity to secure an investment with strong cash flow and future growth potential. Please contact Sunny Gill to schedule visits and showings.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

28

PRICE/UNIT

$178,571

CAP RATE

5.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marigold Lane Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RD30

APN/PARCEL ID

286-0091-015

ASK ABOUT THIS PROPERTY

Sunny GillHabitat Investment AdvisorsMore Info
916-802-7803

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Sunny GillHabitat Investment AdvisorsMore Info
916-802-7803

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