140 Oak St - Apartments FOR SALE


Auburn, CA 95603
$925,000 USD
916-204-9804
140 Oak St, Auburn, CA for Sale
$925,000 USD
Apartments - FOR SALE
1/5
null | 5.59% Cap Rate

140 Oak St
Auburn, CA 95603


HIGHLIGHTS

  • Great Location And Strong Rent Potential
  • SB 721 Compliant
  • All Panels Are Square D
  • New Exterior Paint

OVERVIEW

The Heitzeberg Group of Marcus & Millichap is proud to present the sale of Oak Street Apartments, a prime opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Downtown Auburn, CA. This 100% two-bedroom unit community offers a desirable mix of spacious layouts, modern updates, and strong rental demand in a thriving market. Key Features: All 2-Bedroom Units – Consistently high demand for these spacious floorplans. Recent Upgrades – Updated decks, fresh exterior paint, new downspouts, gutters and window screens to enhance longevity and curb appeal. Onsite Laundry – Convenient amenity for tenants, adding to long-term rental stability. Prime Location – Situated in historic Downtown Auburn, within walking distance to shopping, dining, and entertainment. Strong Rental Market – Auburn’s desirable location in the Sierra foothills continues to attract renters, providing consistent cash flow potential. This property presents an ideal opportunity for both owner-occupants and investors looking to secure a turnkey asset with strong appreciation potential in a sought-after Northern California market.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

5

PRICE/UNIT

$185,000

CAP RATE

5.59%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

003-061-022

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.