Kidder Mathews is pleased to present the Alta Redwood Terrace Apartments, a 42-unit apartment complex situated at 6815 24th Street in Sacramento, California. Set on a spacious 1.68 acres (73,180 SF), this multifamily community boasts a total rental square footage of 27,150. Recent improvements, including a new roof, a welcoming dog walk, and upgraded mailboxes, elevate the overall appeal of the property. Residents enjoy the convenience of assigned parking and an on-site laundry room.
Constructed in 1964 and thoughtfully remodeled in recent years, Redwood Alta features a variety of amenities that enhance residents' lifestyles. These include a dedicated professional leasing office, a resident laundry facility, private enclosed patios, cozy fireplaces, modern garbage disposals, microwaves, electric stove/ovens, air-conditioning, and oversized closets. Families will appreciate the children's play area, providing a safe space for outdoor activities.
Strategically located near Woodbine Elementary School, the complex offers picturesque views of Woodbine Park, creating an attractive environment for potential tenants. With strong rent growth and increasing RUBS utility charges moving toward full penetration, this property is well-positioned to capitalize on the ongoing supply shortage in the local apartment market. Alta Redwood Terrace Apartments presents an exceptional investment opportunity, poised for yield in California's vibrant Capitol city.