609-611 16th St - Apartments FOR SALE


Sacramento, CA 95814- Boulevard Park
$1,195,000 USD
916-541-3630
609-611 16th St, Sacramento, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/23
null | 6.41% Cap Rate

609-611 16th St
Sacramento, CA 95814
Boulevard Park


HIGHLIGHTS

  • Updated Electrical
  • New Roof
  • Central Heat and Air
  • Remodeled Units
  • Great Downtown Location

OVERVIEW

609-611 16th St is a mixed use building consisting of 4 apartments and retail coffee shop. 2 of the units are 1 bed 1 bath, completely remodeled. The other 2 units are furnished studios operating as midterm rentals, completely remodeled. The roof was replaced within the last 7 years. The electrical has been updated. The property has new dual pane windows. The apartments have mini split units providing central heat and air. The units are separately metered for gas and electric. There is a common laundry area for tenants convenience.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$332 USD /SF

# OF UNITS

5

PRICE/UNIT

$239,000

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coffee Shop

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C-2

APN/PARCEL ID

002-0173-002

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.