623 16th St - Apartments FOR SALE
Sacramento, CA 95814 |
623 16th St
Sacramento, CA 95814
HIGHLIGHTS
- Potential 75 Unit Reposition Opportuniity - Midtown Sacramento Location
- 2022 Comp of Midtown Sacramento 74 Units - Same Lot Size - $771,621 Per Unit
- May be able to Maintain Existing 42 Unit Count and Reposition as Single/1 BAth Unit Apartment Building
- Affordable Housing or For Profit Opportunity
- 5.7 CAP Rate on 2021 P and L as an Existing Hotel
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Hotel Conversion/Affordable-For Profit
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Dormitory
TOTAL BUILDING SIZE
11276
STORIES
5
YEAR BUILT
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
002-0173-023
