1722 V St - Apartments FOR SALE


Sacramento, CA 95818
$1,820,000 USD
916-747-8229
1722 V St, Sacramento, CA for Sale
$1,820,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

1722 V St
Sacramento, CA 95818


HIGHLIGHTS

  • Fully Occupied and Turn-Key Property
  • Modernized with tankless water heaters, a repaved parking lot, a new roof, fresh paint, upgraded electrical, plumbing, and windows
  • Seller will consider carrying a first position note subject to approval and terms to be negotiated

OVERVIEW

Discover Your Next Investment Gem: 8-Unit Apartment Building. Prime Location, Proven Performance. Nestled in the coveted Richmond Grove neighborhood of Sacramento, this exceptional 8-unit apartment building offers a rare opportunity for investors seeking a stable, income-generating asset. Meticulously cared for by the same family for over 50 years, this property has a proven track record of high occupancy and reliable rental income. Turnkey Investment: Fully occupied and ready to generate immediate cash flow. Prime Location: Situated in one of Sacramento's most sought-after neighborhoods. Strong Rental History: Consistent occupancy and reliable rental income. Growth Potential: Positioning for long-term appreciation coupled with capacity for near-term rental increases, parking revenue & ratio utility billing. Recent Renovations: Modernized with tankless water heaters, a repaved parking lot, a new roof, fresh paint, upgraded electrical, plumbing, and windows. Seller Financing Available: Seller will consider carrying a first position note subject to approval and terms to be negotiated.

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

8

PRICE/UNIT

$227,500

CAP RATE

Request Cap Rate

% 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

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-3A

APN/PARCEL ID

009-0215-008

ASK ABOUT THIS PROPERTY

Jonathan HuntJ.A. Hunt CompanyMore Info
916-747-8229

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Jonathan HuntJ.A. Hunt CompanyMore Info
916-747-8229

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