3337 La Canada Dr - Apartments FOR SALE


Cameron Park, CA 95682
$2,950,000 USD
916-259-9660
3337 La Canada Dr, Cameron Park, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/97
null | 5.01% Cap Rate

3337 La Canada Dr
Cameron Park, CA 95682


OVERVIEW

trong in-place income with $147,667 in current NOI, a 5.01% cap rate at the $2,950,000 price. With rents trending toward market, the property offers a clear path to $160,203 in pro forma NOI and an approximate 5.43% stabilized cap rate. Operating expenses run approximately 41% of effective income (inclusive of reserves). 100% occupied, well-maintained property with long-term tenancy, recent capital improvements, and a desirable unit mix of one- and two-bedroom floor plans featuring stainless steel appliances, in-unit washer and dryer, private outdoor space, and one-car garages in high-demand Cameron Park.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

12

PRICE/UNIT

$245,833

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

R4

APN/PARCEL ID

116-091-006-000

ASK ABOUT THIS PROPERTY

Robin BaimasHouse 2 Home PropertiesMore Info
916-259-9660

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Robin BaimasHouse 2 Home PropertiesMore Info
916-259-9660

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