1643 Sierra Gardens Dr - Apartments FOR SALE


Roseville, CA 95661- Sierra Gardens
$10,500,000 USD
916-960-5777
1643 Sierra Gardens Dr, Roseville, CA for Sale
$10,500,000 USD
Apartments - FOR SALE
1/9
null | 5.83% Cap Rate

1643 Sierra Gardens Dr
Roseville, CA 95661
Sierra Gardens


HIGHLIGHTS

  • Walking access to tenant services.
  • Excellent school distract
  • Area demographics

OVERVIEW

Sierra Gardens' location, average unit size and potential to split into two separate apartment properties provides investors the opportunity to re-position the property to achieve higher rents and increase return on invested funds by divesting one parcel utilizing the profit to reduce the capital invested in the remaining asset.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

74

PRICE/UNIT

$141,892

CAP RATE

5.83%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sierra Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

107

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

048-260-008

ASK ABOUT THIS PROPERTY

John GallagherSummit Real Estate Management Services, Inc.More Info
916-960-5777

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John GallagherSummit Real Estate Management Services, Inc.More Info
916-960-5777

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