4624 Ashdale Ct - Apartments FOR SALE


Sacramento, CA 95841- North Highlands
$800,000 USD
916-541-3630
4624 Ashdale Ct, Sacramento, CA for Sale
$800,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

4624 Ashdale Ct
Sacramento, CA 95841
North Highlands


HIGHLIGHTS

  • Large 2 Bed 1 Bath units
  • Washer and Dryer in each unit
  • Roof Replaced in 2020
  • Room to raised rents-Rents have not been raised in the last 12 months
  • Central Heat and Air
  • Stairs and Deck are SB 721 Compliant

OVERVIEW

4624 Ashdale Court is a well-maintained fourplex consisting entirely of spacious 2-bedroom, 1-bathroom units. Each unit features its own washer and dryer, along with central heating and air conditioning, providing amenities that are highly desirable for tenants. The property has benefited from recent capital improvements, including a new roof installed in 2020, helping reduce near-term capital expenses for a new owner. With current rents below market, the property offers significant rental upside and an opportunity for an investor to increase income over time while owning a stabilized four-unit property.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ashdale Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,601 SF

ZONING

R30, Sacramento

APN/PARCEL ID

228-0450-034

ASK ABOUT THIS PROPERTY

Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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