3525 Norris Ave - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$1,350,000 USD
650-328-5050
3525 Norris Ave, Sacramento, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/9
null | 5.29% Cap Rate

3525 Norris Ave
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • Two Bedroom, Single Story Units
  • 80% of Units are Fully Re-imagined with Premium Finishes
  • Brand New Appliances including In-Unit Washer and Dryer
  • Private Front and Backyard Patios
  • Large Parcel Zoned RD-20
  • Ability to Develop 6 Additional Units

OVERVIEW

We are pleased to present 3525 Norris Avenue Apartments, a five-unit multifamily community located in Sacramento’s Arcade submarket near Carmichael, California. Originally built in 1959 and fully renovated in 2023, the property is situated on approximately 0.56 acres in a quiet residential neighborhood adjacent to Mira Loma High School. Residents enjoy convenient access to Interstate 80, Arden Fair Mall, and a wide variety of shopping, dining, and employment destinations.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

5

PRICE/UNIT

$270,000

CAP RATE

5.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3525 Norris Avenue, Sacramento, CA 95821

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

RD-20, Sacramento

APN/PARCEL ID

255-0161-041

ASK ABOUT THIS PROPERTY

Alex FarhangGallelli Real EstateMore Info
650-328-5050

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Alex FarhangGallelli Real EstateMore Info
650-328-5050

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