1317-1321 G St - Apartments FOR SALE


Sacramento, CA 95814
$2,075,000 USD
916-204-9804
1317-1321 G St, Sacramento, CA for Sale
$2,075,000 USD
Apartments - FOR SALE
1/17
null | 4.08% Cap Rate

1317-1321 G St
Sacramento, CA 95814


HIGHLIGHTS

  • Trophy Asset in the Heart of Downtown Sacramento
  • Luxury Finishes, Ample Living Space, Fully Equipped Kitchens and Designated Parking
  • Beautifully Built 2014 Construction Located On the South End of Mansion Flats Neighborhood

OVERVIEW

Marcus & Millichap is pleased to present the sale of 1321 G Street, a beautifully 2014 constructed property in the neighborhood of Mansion Flats. Each unit is comprised of fully equipped kitchens, high-end finishes, ample living space, and designated parking spaces. The property offers one (1) studio, two (2) one bedroom/one and a half bathrooms, and one (1) three-bedroom/two-bathroom units. The property also contains an outdoor BBQ area available to residents. Additionally, the property is securely gated for resident privacy. The newly constructed property is easily accessible to the most notable Sacramento destinations such as Old Tow Sacramento, Golden One Center, and California State Capitol. Sacramento is home to the State Capitol, making the State the area's largest employer. Universities such as Sacramento State and UC Davis foster an educated workforce that draws new companies and people to the market. The city of Sacramento alone has the biggest population in the area at approximately 525,000 residents and the region offers a tremendous number of recreational activities with many sports teams calling Sacramento home. Also, Sacramento is just a short distance from Lake Tahoe and Napa Valley. Those looking for a better quality of life and the freedom to enjoy the outdoors will find it in this city, thus demonstrating a strong demand for rental housing. Please do not disturb tenants. All tours must be scheduled with listing agent.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

4

PRICE/UNIT

$518,750

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R-3A

APN/PARCEL ID

002-0163-026

ASK ABOUT THIS PROPERTY

Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

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Isaak HeitzebergMarcus and Millichap Investment ServicesMore Info
916-204-9804

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