Delta Bungalows presents a rare opportunity to acquire a newly constructed, 18-unit Class A multifamily community in Sacramento’s highly desirable North Oak Park neighborhood. Completed in late 2025, the property represents a fundamentally different approach to apartment living, combining the privacy and feel of a standalone bungalow with the efficiency and convenience of modern multifamily housing. The community consists of nine separate bungalow-style buildings, providing residents with private entrances and no shared walls—an uncommon feature in the Sacramento rental market. Each approximately 500-square-foot residence has been thoughtfully designed to maximize functionality, comfort, and livability through an open-concept floorplan, full-size kitchen, oversized bathroom, abundant storage, 14-foot ceilings, and contemporary finishes. The defining feature of Delta Bungalows is the integration of Ori Cloud Bed technology. Each residence is equipped with a motorized living system that seamlessly transforms the space between bedroom and living-room configurations. With the touch of a button, the bed retracts to create a substantially more expansive living area, allowing a studio floorplan to function more like a traditional one-bedroom apartment while maintaining a highly efficient footprint. Every unit is also equipped with smart-home technology, smart thermostats, mobile-app controls, built-in USB outlets and LED mood lighting. Residents benefit from in-unit washers and dryers, full-size kitchens, an included queen mattress and Ori sofa, and high-speed fiber internet availability. Beyond the individual units, Delta Bungalows offers a unique combination of privacy, modern design, technology, and location that is difficult to replicate in Sacramento’s existing multifamily inventory. The property is strategically positioned near UC Davis Medical Center, Sutter Health, Mercy General Hospital, Midtown Sacramento, Downtown Sacramento, and the region’s major employment centers. Delta Bungalows is more than a newly built apartment property, it is a next-generation rental housing concept designed around the way today’s residents live. Each thoughtfully designed, purpose-built studio maximizes functionality, comfort, and efficiency while offering modern amenities and innovative technology. Every unit features Ori Bed technology, an integrated, space-saving solution that transforms the living environment with the touch of a button. Learn more about the technology here: Ori Bed Technology With smart-home features, in-unit washer and dryers, contemporary finishes, and highly efficient floorplans, Delta Bungalows delivers a modern living experience that feels larger than its footprint. The result is a unique rental product that combines innovative design, technology, and affordability in a way that is purpose-built for today’s renter. Delta Bungalows Living This exceptional Class A multifamily community offers investors the opportunity to preserve and grow capital while benefiting from strong long-term appreciation potential, stable operations, and significant tax advantages. A key differentiator is the property’s substantial first-year depreciation benefits associated with its new construction. Based on a previously completed cost segregation study, the next owner is projected to receive approximately $1.04 million in additional Year 1 (2026) depreciation, resulting in an estimated $1.04 million of K-1 tax losses allocated to the investor. Combined with the property’s modern construction, durable rental appeal, and potential for long-term capital appreciation, this opportunity provides an attractive combination of current tax benefits, wealth preservation, and future upside. Tax benefits are estimates and should be reviewed with the investor’s CPA and tax advisor.