909-235-7886
2091 W La Loma Dr, Rancho Cordova, CA for Sale
Apartments - FOR SALE
1/20
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2091 W La Loma Dr
Rancho Cordova, CA 95670


HIGHLIGHTS

  • Attractive In-Place Assumable Loan
  • Desirable Unit Mix
  • Huge Operational Upside
  • All Single Story 2-Bedroom Bungalows
  • Extensive Exterior Renovations Completed in 2020
  • ACE-Bart Connection with Extension to Sacramento

OVERVIEW

The Mogharebi Group is pleased to present the opportunity to acquire The Bungalows, a 40-unit multifamily community located at 2091 & 2101 West La Loma Drive in the Sacramento suburb of Rancho Cordova, California. Constructed in 1978 and situated on a 2.0-acre site, The Bungalows is comprised of all highly desirable two-bedroom / one-bathroom single-story, cottage style floorplans averaging 670 square feet. The grounds are well-maintained and landscaped and the property features community amenities including laundry facilities and outdoor grills. The Bungalows currently has a 10.8% loss-to-lease and presents an investor with the ability to realize immediate rental upside by bringing rents to market.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

77%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bungalows

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

RD20, County

APN/PARCEL ID

075-0111-019,075-0111-020

ASK ABOUT THIS PROPERTY

Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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