500 Sunrise Ave - Apartments FOR SALE


Roseville, CA 95661- Cirby Side
$5,685,000 USD
916-813-3417
500 Sunrise Ave, Roseville, CA for Sale
$5,685,000 USD
Apartments - FOR SALE
1/23
null | 5.97% Cap Rate

500 Sunrise Ave
Roseville, CA 95661
Cirby Side


HIGHLIGHTS

  • Unit Layout offers 1 and 2 bedroom apartments; recent upgrades completed; outdoor swimming pool; on-site manager

OVERVIEW

An exceptional opportunity to acquire a fully renovated, 26-unit multifamily property. The asset features premium modern finishes and extensive capital improvements. This property ensures immediate rental growth, low maintenance costs, and long-term value appreciation. All units have been upgraded and have: built-in microwave, dishwasher, garbage disposal, new carpet/lino, new counters, new lighting, new kitchen cabinets, electric stove, grab bars in bathroom, new medicine cabinets, gas wall heat, air conditioning, ceiling fan, new paint and security doors. There is an exterior fire alarm system and Knox Box, Laundry room on site - Owner owned equipment, along with a vending machine; office on site; storage units for tenants; new redwood walkways; pool refinished with new plaster and equipment; French drain in courtyard; new iron gates and security cameras. On-site parking.

FOR SALE DETAILS

PRICE

$5,685,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

26

PRICE/UNIT

$218,654

CAP RATE

5.97%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunrise Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

R-4, Roseville

APN/PARCEL ID

014-432-006

ASK ABOUT THIS PROPERTY

Dennis GriffinThe Griffin CompanyMore Info
916-813-3417

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Dennis GriffinThe Griffin CompanyMore Info
916-813-3417

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