2700 32nd St - Apartments FOR SALE


Sacramento, CA 95817- North Oak Park
$1,489,000 USD
949-363-7676
2700 32nd St, Sacramento, CA for Sale
$1,489,000 USD
Apartments - FOR SALE
1/21
null | 6.18% Cap Rate

2700 32nd St
Sacramento, CA 95817
North Oak Park


HIGHLIGHTS

  • Beautifully taken care of Apartment close to Sacramento Downtown core.

OVERVIEW

We are pleased to present this exceptional opportunity to acquire a well-maintained and renovated eight unit apartment community located at 2700 32nd Street in Sacramento, California. Originally constructed in 1962, this attractive two-story multifamily property is located in the North Oak Park neighborhood with convenient access to Downtown Sacramento, where you will have a variety of restaurants, shopping, parks, public transportation and just minutes from Sutter Medical Campus. The property consists of eight (8) one- bedroom, one-bathroom apartments, each at approximately 580 square feet of comfortable living space with functional floor plans. Property amenities include gated entry, onsite laundry facilities, off-street parking, resident storage and a community patio area. Major exterior improvements were completed in 2016, including a new roof, gutters, siding and exterior paint. With exterior capital improvements, onsite amenities and the potential for additional interior updates, 2700 32nd Street presents a multifamily opportunity in a centrally located Sacramento neighborhood.

FOR SALE DETAILS

PRICE

$1,489,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

8

PRICE/UNIT

$186,125

CAP RATE

6.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,285 SF

ZONING

R2B, Sacramento

APN/PARCEL ID

010-0365-009

ASK ABOUT THIS PROPERTY

Robert ClippingerClippinger Investment PropertiesMore Info
949-363-7676

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Robert ClippingerClippinger Investment PropertiesMore Info
949-363-7676

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