Apartment Buildings /CA /Sacramento County /Sacramento /3535 Marconi Ave
Apartment Buildings /CA /Sacramento County /Sacramento /3535 Marconi Ave

3535 Marconi Ave - Apartments FOR SALE


Sacramento, CA 95821 | 
$14,250,000 USD
916-833-8346
3535 Marconi Ave, Sacramento, CA for Sale
$14,250,000 USD
Apartments - FOR SALE
1/13
null | 6.08% Cap Rate
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3535 Marconi Ave
Sacramento, CA 95821

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HIGHLIGHTS

  • 10+ years of stable operating history in the Arden-Arcade submarket of Sacramento, California
  • Property has been retrofitted with double pane windows
  • Beautifully maintained grounds showcase a swimming pool in the center courtyard
  • 6% loss-to-lease upside plus additional after interior upgrades

OVERVIEW

Please visit www.sandpiperlisting.com for more information. Tours must be scheduled in advance and listing agent must be present.

FOR SALE DETAILS

PRICE

$14,250,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

80

PRICE/UNIT

$178,125

CAP RATE

6.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sandpiper Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

BP, Sacramento

APN/PARCEL ID

269-0051-012

ASK ABOUT THIS PROPERTY

Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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