909-235-7886
5900 Riza Ave, Sacramento, CA for Sale
Apartments - FOR SALE
1/7
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5900 Riza Ave
Sacramento, CA 95823
Parkway-South Sacramento


HIGHLIGHTS

  • Turnkey Condition - Recent Renovations Completed
  • Attractive Assumable Loan with Low Down Payment
  • Potential NOAH Asset – May Qualify for Tax Exemption

OVERVIEW

This is a high-yield opportunity with strong in-place cash flow and 98%+ occupancy across a highly desirable unit mix. The asset is in turnkey condition following recent renovations and may qualify as a NOAH asset for tax exemption. An attractive assumable loan with a low down payment adds to the upside, alongside solid cash flow and immediate rental upside potential. The property sits in a prime Sacramento location, commutable to over 1.3 million jobs.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

130

CAP RATE

Request Cap Rate

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Regency Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

170

LAND DETAILS

LAND ACRES

5.4 AC

LAND SF

235,224 SF

ZONING

C-2-R

APN/PARCEL ID

039-0201-007

ASK ABOUT THIS PROPERTY

Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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