Walker & Dunlop, as the exclusive advisor, is pleased to present the opportunity to acquire The Carla located in Sacramento, California. Excellent Unit Mix: The Carla consists of all 950 SF 2x1.25 units across 16 fourplex buildings. Notable Capital Improvements: The property got entirely re-roofed in 2018, all new exterior paint scheme, has all new dual-pane windows, and each unit also has central heat/air as well as full stacked washer & dryers. The asset is gated, has a sparkling pool, as well as a picnic area. Significant Renovation & Loss-To-Lease Upside: Only 11 units have been renovated. For the un-renovated units, the next operator has the opportunity to capture an average $61 per unit in loss-to-lease independent of any immediate interior or exterior property improvements. The Carla also offers substantial value-add potential through targeted interior renovations of the remaining 52 un-renovated units. This can be seen in recently achieved rents at the asset and in the submarket presenting the opportunity to achieve an additional $148 per unit renovation premium. This equates to a total annualized loss-to-lease and renovation upside of $130,606 for all un-renovated units. Please do not disturb the tenants. Please contact the listing agent for more information and to schedule a tour.