7259 S Land Park Dr - Apartments FOR SALE


Sacramento, CA 95831- Pocket-Greenhaven
$2,725,000 USD
650-922-1100
7259 S Land Park Dr, Sacramento, CA for Sale
$2,725,000 USD
Apartments - FOR SALE
1/34
null | 6.64% Cap Rate

7259 S Land Park Dr
Sacramento, CA 95831
Pocket-Greenhaven


HIGHLIGHTS

  • Owner will carry 1st Note @ 3% only/ 5 years fixed 15-20% down only...!!!!!
  • Laundry on-site
  • 4 units immediate rent increase available to new OWNER..
  • Most Units Rehabbed
  • Fully Occupied
  • Parking lot recently refurbished

OVERVIEW

Seller will carry 1st Note @ 3% only / 5 years.. 15-20% down ONLY!!!!! Pacific Coast Properties is excited to present the exclusive opportunity to acquire S Land Park Apartments, a charming 12-unit apartment community located in the highly desirable Sacramento submarket. South Land Park Apartments consists of three buildings and features on-site laundry facilities. Most of the units and common areas have been upgraded to meet high-quality standards. The current ownership has demonstrated excellent management practices in maintaining the property. This presents a valuable opportunity to acquire a well-performing, income-generating asset.

FOR SALE DETAILS

PRICE

$2,725,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

12

PRICE/UNIT

$227,083

CAP RATE

6.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,319 SF

ZONING

R-3-EA

APN/PARCEL ID

031-0125-006

ASK ABOUT THIS PROPERTY

Allan OmandPacific Coast PropertiesMore Info
650-922-1100

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Allan OmandPacific Coast PropertiesMore Info
650-922-1100

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