3326 Lerwick Rd - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$3,800,000 USD
916-429-1205
3326 Lerwick Rd, Sacramento, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/22
null | 4.3% Cap Rate

3326 Lerwick Rd
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • Fully occupied 24 unit asset with long-term tenants ensuring consistent and reliable rental income.
  • 6 well-maintained buildings featuring 2bedrooms and 1bathroom Ideal for immediate cashflow.
  • Desirable location situated in a stable Sacramento neighborhood attracts a wide tenant base and supports sustained demand.
  • Flexible leases with the majority of tenants on month-to-month leases; excellent potential to adjust rents for increased revenue.
  • Onsite laundry facilities and ample parking enhance tenant satisfaction and property value.
  • Managed by a dedicated property management team and an onsite maintenance manager for seamless operations and reduced owner involvement.

OVERVIEW

EXCEPTIONAL 24-UNIT MULTI-FAMILY INVESTMENT IN A DESIRABLE SACRAMENTO NEIGHBORHOOD! This 24 unit multi-family property offers an outstanding investment opportunity. The 6 well maintained buildings feature 2 bedroom, 1 bathroom apartments that are 100% occupied by long term tenants. The property offers a proven track record of reliable cash flow, with each unit having assigned parking and an on-site laundry facility generating additional revenue. Situated in a stable, convenient neighborhood with access to public transportation, this investment is primed for continued success and provides an excellent opportunity for both seasoned and new investors seeking to expand their portfolio.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

24

PRICE/UNIT

$158,333

CAP RATE

4.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3322 - 3342 Lerwick Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,633 SF

ZONING

RD-20

APN/PARCEL ID

254-0132-014

ASK ABOUT THIS PROPERTY

Julie VelizHomeRiver Group- SacramentoMore Info
916-429-1205

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Julie VelizHomeRiver Group- SacramentoMore Info
916-429-1205

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