2932-2936 Connie Dr - Apartments FOR SALE


Sacramento, CA 95815- North Sacramento
$875,000 USD
916-804-2128
2932-2936 Connie Dr, Sacramento, CA for Sale
$875,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2932-2936 Connie Dr
Sacramento, CA 95815
North Sacramento


HIGHLIGHTS

  • Desirable mix of 1-bed units, two with large bonus rooms
  • Rent upside + laundry and storage income potential
  • Just off Capital City Freeway (I-80 Business)
  • Strong tenant demand and low vacancy submarket

OVERVIEW

This fully occupied 6-unit multifamily investment opportunity in the commuter-friendly Ben Ali submarket of Sacramento. The property consists of two side-by-side triplexes each on it's own parcel, offering a unique mix of: 4 units – 1 bed / 1 bath 2 units – 1 bed / 1 bath + large bonus room (ideal for use as a second bedroom, office, or flex space) Located immediately off I-80 in a quiet neighbordhood, the property offers tenants excellent access to Downtown Sacramento, Arden Fair Mall, and local employers and schools. Immediate upside potential exists through both rental increases (current rents are believed to be below market) and monetizing underutilized spaces, including: Storage unit: Can be leased to tenants for passive income On-site laundry room: Ready to be activated with machines or third-party service This property is ideal for value-add investors seeking stable occupancy with operational upside and a well-located, easily managed asset.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

6

PRICE/UNIT

$145,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sacramento 6 Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-2A

APN/PARCEL ID

266-0212-007,266-0212-008

ASK ABOUT THIS PROPERTY

Dustin BateseXp CommercialMore Info
916-804-2128

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

Dustin BateseXp CommercialMore Info
916-804-2128

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