2732 Rio Linda Blvd - Apartments FOR SALE


Sacramento, CA 95815
$3,900,000 USD
415-724-4364
2732 Rio Linda Blvd, Sacramento, CA for Sale
$3,900,000 USD
Apartments - FOR SALE
1/7
null | 7.57% Cap Rate

2732 Rio Linda Blvd
Sacramento, CA 95815


HIGHLIGHTS

  • Gated Property with Security Cameras
  • $350,000 of Recent Capital Improvements - 70% of units renovated, new main water line, new asphalt pavement, exterior repairs and new paint
  • New Perimeter Fence and Security Gate
  • Onsite Office and Laundry Facility

OVERVIEW

City View Terrace is 26 unit multifamily property located in Sacramento, CA. The property was built in 1960 and was extensively remodeled in 2022 -2023. Interior finishes include new kitchen cabinets, quartz countertops, stainless steel appliances, laminate flooring. New owner will benefit from low maintenance stabilized property with market rent in place.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

26

PRICE/UNIT

$150,000

CAP RATE

7.57%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

City View Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

R-2B

APN/PARCEL ID

265-0202-042

ASK ABOUT THIS PROPERTY

Vladimir LogvinovNewage Realty & MortgageMore Info
415-724-4364

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

Vladimir LogvinovNewage Realty & MortgageMore Info
415-724-4364

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