1928 21st Street - Apartments FOR SALE


Sacramento, CA 95811- Newton Booth
$2,825,000 USD
510-703-2274
1928 21st Street, Sacramento, CA for Sale
$2,825,000 USD
Apartments - FOR SALE
1/7
null | 4.75% Cap Rate

1928 21st Street
Sacramento, CA 95811
Newton Booth


HIGHLIGHTS

  • Brand New Construction w/ 5 Year Builder Warranty
  • Prime Location
  • In Unit Washers & Dryers
  • Modern Luxury Finishes w/ Multiple Balcony Decks Per Unit
  • Open Floor Plan w/ High Vaulted Ceiling

OVERVIEW

Located in the heart of Midtown Sacramento’s historic district, 1928 21st St is a newly completed six-unit multifamily development that blends modern design with the charm of its surrounding neighborhood. With some units furnished on short-mid term rentals for $3200/month, this presents an exciting opportunity for an investor. Builder offering 5 year mechanical warranty, 10 year structural. Truly a stress free, turn key investment in an incredible location.

FOR SALE DETAILS

PRICE

$2,825,000 USD

PRICE/SF

$673 USD /SF

# OF UNITS

6

PRICE/UNIT

$470,833

CAP RATE

4.75%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,254 SF

ZONING

C-2

APN/PARCEL ID

010-0026-036-0000

ASK ABOUT THIS PROPERTY

Helen MelakeCompassMore Info
510-703-2274

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

Helen MelakeCompassMore Info
510-703-2274

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