WDIS, Inc., as the exclusive advisor, is pleased to present the opportunity to acquire 656-670 Bowles St and 2563-2581 Rio Linda Blvd, a 36 unit, Master-Leased Portfolio located in Sacramento, CA.
INVESTMENT HIGHLIGHTS
CASH FLOW COW: GUARANTEED INCOME & MINIMAL EXPENSES
This investment opportunity is offered at a 10.64% in-place cap rate. A new investor will be able to assume the existing master lease for both properties, which generates well above market rate rents. Regardless of physical occupancy, a new investor receives guaranteed income by the master lessee. In addition, the portfolio has minimal operating expenses due to the fact that there's no need for an on-site manager & all of tenant caused repairs & maintenance are re-imbursed to the owner.
PROXIMITY TO DOWNTOWN
The properties are located just four miles from Downtown Sacramento which has become one of the fastest growing regions in the United States due to its reasonable cost of living and quality of life.
AFFORDABILITY CONSTRAINTS
Home ownership affordability challenges are widespread in the Sacramento Region, mirroring the rest of Northern California. The median SFH price in North Sacramento (95815 ZIP code) is up to $368,500, and a 20% down payment on a typical mortgage would require over $73,500 of savings.