2713 T St - Apartments FOR SALE


Sacramento, CA 95816- Newton Booth
$4,150,000 USD
916-561-0204
2713 T St, Sacramento, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/21
null | 5.39% Cap Rate

2713 T St
Sacramento, CA 95816
Newton Booth


HIGHLIGHTS

  • Highly Dedirable Midtown Location
  • Extensively Remodeled in 2019
  • Two adjacent buildings on separate parcels, can be sold individually at a later date
  • Charming unit floor plans with dining area off kitchen

OVERVIEW

Brittain Commercial is pleased to present the 27th and T Street Apartments, an 18-unit apartment complex located at 2713 and 2721 T Street. Situated in the highly desirable and vibrant Newton Booth area of Midtown Sacramento you will find a charming community with easy freeway access, on-site laundry, on-site parking and modernized interiors. The location provides its residents with a Bike Score of 100 and a Walk Score of 90. Nearby is Albert Winn Park, Sutter's Fort State Historical Park, Sutter Medical, Temple Coffee, Sacramento Food Co-op, the local Light Rail system, Downtown Sacramento, CSUS and more. There is a fun and hip vibe in this area with many things to do just blocks away! All units have undergone extensive renovations in 2019 and feature modern stainless-steel appliances, new kitchen cabinets, quartz countertops, wood inspired flooring, tile bathroom floors and shower enclosures, roomy floor plans with a dining area off the kitchen, ceiling fans and warm interior paint. There are 9 off-street parking spaces that generate additional revenue. Residents contribute to common area maintenance fees and benefit from an on-site app-based laundry facility for added convenience As Sacramento continues to experience rapid population growth and rising property values, 27th and T Street apartments offer an exceptional investment opportunity to capitalize on the region’s ongoing economic expansion.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$703 USD /SF

# OF UNITS

18

PRICE/UNIT

$230,556

CAP RATE

5.39%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

27th & T Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-3A-SPD

APN/PARCEL ID

010-0052-019

ASK ABOUT THIS PROPERTY

Jim DrazenovichBrittain CommercialMore Info
916-561-0204

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Jim DrazenovichBrittain CommercialMore Info
916-561-0204

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