3911 Watt Ave - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$1,998,000 USD
916-508-9556
3911 Watt Ave, Sacramento, CA for Sale
$1,998,000 USD
Apartments - FOR SALE
1/16
null | 5.82% Cap Rate

3911 Watt Ave
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • 11 unit multifamily property in an established Sacramento rental corridor
  • 100% occupied with immediate in place cash flow
  • Ten of eleven units recently remodeled
  • Strong unit mix consisting of one bedroom and two bedroom units
  • Stabilized asset with minimal deferred maintenance

OVERVIEW

eXp Commercial is pleased to present 3911 Watt Avenue, a well maintained multifamily property located in the established Watt Avenue corridor of Sacramento, California. The property consists of 11 apartment units across two stories and is currently 100% occupied, providing immediate and stable in place cash flow in a supply constrained Sacramento submarket. The asset has benefited from recent interior renovations, with ten of the eleven units remodeled, allowing new ownership to acquire a property that has already undergone significant upgrades while maintaining operational stability. The unit mix is well aligned with local renter demand, supporting consistent occupancy and long term performance. This offering is ideally suited for investors seeking a stabilized multifamily asset with strong in place income, minimal deferred maintenance, and exposure to one of Sacramento’s established rental corridors. Please inquire for additional details.

FOR SALE DETAILS

PRICE

$1,998,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

11

PRICE/UNIT

$181,636

CAP RATE

5.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,750 SF

ZONING

SPA

APN/PARCEL ID

254-0280-032

ASK ABOUT THIS PROPERTY

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916-508-9556

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Jon BiaseXp CommercialMore Info
916-508-9556

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