555 Douglas St - Apartments FOR SALE


West Sacramento, CA 95605- Broderick
$15,250,000 USD
916-833-8346
555 Douglas St, West Sacramento, CA for Sale
$15,250,000 USD
Apartments - FOR SALE
1/21
null | 5.55% Cap Rate

555 Douglas St
West Sacramento, CA 95605
Broderick


HIGHLIGHTS

  • Renovated Interiors - Stone countertops, LVP flooring, new cabinetry and stainless appliances throughout.
  • Infill Growth Corridor - Surrounded on multiple sides by sub-five-year development along Lighthouse Drive, one of West Sacramento's most actively inve
  • Minutes from Downtown Sacramento - Low-density neighborhood setting with immediate access to Downtown Sacramento via the Tower Bridge; urban convenien

OVERVIEW

The DeLoney Group at Marcus & Millichap is marketing the Riverbend Apartments for sale with free and clear delivery. The grounds and exterior have been wellmaintained and the units upgraded to include LVP flooring, stone countertops, stainless steel appliances and new cabinets. Residents enjoy central HVAC and wall mounted A/C. Riverbend's location along the Lighthouse Drive corridor places it within West Sacramento's most active development zone. The property is surrounded on multiple sides by residential and mixed-use projects completed within the last five years — a rare and tangible indicator of sustained private capital commitment to the submarket. This established context supports rent growth, minimizes demand risk, and provides residents with an amenity-rich, walkable environment that continues to improve. The broader demand environment continues to favor well-located infill assets. As elevated fuel costs have raised the true cost of suburban living, renter preference has durably shifted toward locations offering proximity to employment and walkable daily conveniences. Riverbend's Lighthouse Drive address — with direct access to Downtown Sacramento via the Tower Bridge gateway — places it squarely within that demand cohort, supporting both occupancy and long-term rent trajectory. All tours must be conducted with listing agent present. Do not disturb management or residents.

FOR SALE DETAILS

PRICE

$15,250,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

82

PRICE/UNIT

$185,976

CAP RATE

5.55%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverbend Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.16 AC

LAND SF

137,650 SF

ZONING

WF, West Sacramento

APN/PARCEL ID

014-630-022-000,014-630-023-000

ASK ABOUT THIS PROPERTY

Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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