3341 Cimmarron Rd - Apartments FOR SALE
Cameron Park, CA 95682 |
$2,008,000 USD
916-837-9777
3341 Cimmarron Rd
Cameron Park, CA 95682
HIGHLIGHTS
- $23,786 Loss to Lease currently from well below market rents for new owner to capture.
- Over $80K in recent capital improvements (Balconies).
- Highly desirable/High demand community of Cameron Park.
- Significantly more affordable rents than neighboring communities of El Dorado Hills and Folsom, yet only 35 minutes to Sacramento.
- Market apartment vacancy below 4%.
- 75-minute drive to South Lake Tahoe, 30 minutes to wine country, and 50 minutes to Sacramento International Airport.
FOR SALE DETAILS
PRICE
$2,008,000 USD
PRICE/SF
$119 USD /SF
# OF UNITS
8
PRICE/UNIT
$251,000
CAP RATE
4.8%
% 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
1984
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.41 AC
LAND SF
17,875 SF
ZONING
N/Av, El Dorado Co
APN/PARCEL ID
116-312-008-000
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916-837-9777
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916-837-9777
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