2711 E St - Apartments FOR SALE


Sacramento, CA 95816
$1,595,000 USD
408-809-1177
2711 E St, Sacramento, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/10
null | 6.58% Cap Rate

2711 E St
Sacramento, CA 95816


HIGHLIGHTS

  • Turnkey six-unit apartment complex in the coveted Midtown.
  • Extensive Renovations & Capital Improvements
  • New Washer/Dryer in each unit.
  • Covered Parking with Security Gate
  • Electrical Upgrade to Building
  • Current Cap: 5.08% Market Cap: 6.58%

OVERVIEW

This is a turnkey six-unit apartment complex nestled in the coveted Midtown area of Sacramento. 2711 E Street has undergone extensive renovations and capital improvements. The interiors boast renovated kitchens with granite countertops, updated bathrooms, new washer/dryers in each unit, individual water heaters and updated heating and air conditioning units. The exterior of the building has been recently painted, new double pane windows installed throughout the property, and covered parking stalls off the back of the property with a secured gate. The property has undergone a complete electrical upgrade with the addition of separate electrical panels located in each unit.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,833

CAP RATE

6.58%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R1B, Sacramento

APN/PARCEL ID

003-0151-019

ASK ABOUT THIS PROPERTY

Shawn JonesMetrovo GroupMore Info
408-809-1177

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Shawn JonesMetrovo GroupMore Info
408-809-1177

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