5921-5931 Belleview Ave - Apartments FOR SALE


Sacramento, CA 95824
$2,950,000 USD
916-541-3630
5921-5931 Belleview Ave, Sacramento, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/72
null | 5.31% Cap Rate

5921-5931 Belleview Ave
Sacramento, CA 95824


HIGHLIGHTS

  • (10) 3 bedroom, 1.5 bathroom homes spread across two parcels
  • Each house has their own laundry, single car garage, and private fenced backyard
  • Quiet single family neighborhood without any other multifamily around
  • Approximately half of the units have been updated recently

OVERVIEW

5921-5931 Belleview Ave includes (10) single family houses spread across two parcels in a nice and quiet South Sacramento neighborhood. All ten houses were built between 1991 and 1992, and feature (3) bedrooms, and (1.5) bathrooms. All houses have private and fenced backyards, single car garages. Each house has washer/dryer hookups, and is individually metered for gas and electric. There is also the ability to add individual water meters to each unit, allowing the possibility of condo-mapping the ten houses. The most recent unit was filled at $2300, setting a new precedent for the remaining units. Approximately have of the units have been recently updated, with the rest long term tenants.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

10

PRICE/UNIT

$295,000

CAP RATE

5.31%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

(10) 3Bed/1.5ba Single Family Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

R1,Sacramento

APN/PARCEL ID

027-0313-002,027-0313-003

ASK ABOUT THIS PROPERTY

Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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Tim SwanstonNorth Coast Commercial, Inc.More Info
916-541-3630

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