999 Arcade Blvd - Apartments FOR SALE


Sacramento, CA 95815- South Hagginwood
$1,100,000 USD
650-370-2606
999 Arcade Blvd, Sacramento, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | 7.15% Cap Rate

999 Arcade Blvd
Sacramento, CA 95815
South Hagginwood


HIGHLIGHTS

  • Great Unit Mix | All 2 bedroom Units
  • Single Story Complex
  • Low Maintenance Cost | Well Maintained

OVERVIEW

999 Arcade Blvd presents an opportunity to acquire a well-maintained 6-unit apartment community in a strong Sacramento rental market. The property consists entirely of spacious two-bedroom, one-bathroom units averaging approximately 750 square feet, providing an attractive unit mix with consistent tenant demand. The majority of the units have been renovated with updated kitchens, flooring, cabinetry, countertops, and bathrooms, minimizing near-term capital expenditures while offering investors stable in-place income. Current ownership has maintained the property well, resulting in limited deferred maintenance. The asset offers additional upside through rent optimization and the implementation of a RUBS (Ratio Utility Billing System), allowing a new owner to recover water, sewer, and garbage expenses and increase net operating income. Conveniently located near major employment centers, shopping, schools, and transportation corridors, 999 Arcade Blvd benefits from Sacramento's continued population growth, strong rental demand, and favorable long-term market fundamentals. This is an ideal investment for buyers seeking a stabilized multifamily asset with immediate cash flow and operational upside.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

7.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R1, Sacramento

APN/PARCEL ID

251-0301-032

ASK ABOUT THIS PROPERTY

Rachna GandhiCatalyst Commercial PartnersMore Info
650-370-2606

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

Rachna GandhiCatalyst Commercial PartnersMore Info
650-370-2606

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