915 Johnfer Way - Apartments FOR SALE


Sacramento, CA 95831- Pocket-Greenhaven
$5,800,000 USD
650-492-0934
915 Johnfer Way, Sacramento, CA for Sale
$5,800,000 USD
Apartments - FOR SALE
1/27
null | 5.29% Cap Rate

915 Johnfer Way
Sacramento, CA 95831
Pocket-Greenhaven


HIGHLIGHTS

  • Incredible Cash-Flowing Multifamily Asset
  • Convenient Tenant Amenities
  • Abundant Lifestyle Amenities

OVERVIEW

The Colony House Apartments is a well-situated 34-unit multifamily asset located on 915 Johnfer Way in the growing city of Sacramento, CA. Established on an expansive 1.14 acre parcel of land, the subject property was originally constructed in 1968 and features a gross building area of approximately 26,569 square feet, offering tenants spacious two-bedroom and one-bedroom floor plans, along with convenient amenities such as on-site laundry, dedicated parking, a sunny community pool, and a tranquil courtyard. Located in the highly desirable Greenhaven neighborhood of Sacramento, The Colony House Apartments offers tenants a compelling blend of suburban living and urban accessibility, sitting just off Interstate 5 for quick connectivity to Downtown Sacramento and convenient access to major employment hubs and transit options. Surrounded by a strong mix of employers, retail centers, and daily conveniences, the location supports consistent rental demand, while the neighborhood itself is known for its quiet, family-oriented environment, proximity to the Sacramento River, and access to parks, bike trails, and recreational amenities like Garcia Bend Park and nearby golf courses. The investment appeal of this asset is driven by Sacramento's growing population, low vacancy levels, and strong employment fundamentals, and with a world-class location in California's iconic Central Valley, The Colony House Apartments presents an attractive choice for Sacramento renters with close proximity to major employers, shopping, and entertainment options.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

34

PRICE/UNIT

$170,588

CAP RATE

5.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Colony House Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

R-3

APN/PARCEL ID

029-0312-007

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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

Adam LevinLevin JohnstonMore Info
650-492-0934

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