6004 Martin Luther King Jr Blvd - Apartments FOR SALE


Sacramento, CA 95824- Parkway-South Sacramento | 
$2,100,000 USD
925-200-2325
6004 Martin Luther King Jr Blvd, Sacramento, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/56
null | 7% Cap Rate

6004 Martin Luther King Jr Blvd
Sacramento, CA 95824
Parkway-South Sacramento


HIGHLIGHTS

  • The property is located within convenient reach of several major healthcare and employment centers.
  • The property also benefits from connectivity to Downtown Sacramento, Sacramento Executive Airport, and additional employment and commercial centers.
  • Proximity to Highway 99 and major surface streets provides residents with efficient access to the broader Sacramento transportation network.

OVERVIEW

From an investment perspective, 6004 Martin Luther King Jr. Boulevard provides a combination of current cash flow and future upside. The property offers opportunities to enhance rental income through continued rent optimization, improved operating efficiencies, disciplined expense management, and professional property operations. With meaningful capital improvements already completed, investors are positioned to focus on maximizing property performance rather than undertaking a major renovation program.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

12

PRICE/UNIT

$175,000

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

RD20, County

APN/PARCEL ID

037-0011-011

ASK ABOUT THIS PROPERTY

Mike SarwariReal Estate Source, Inc.More Info
925-200-2325

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Mike SarwariReal Estate Source, Inc.More Info
925-200-2325

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