The DeLoney Group at Marcus & Millichap is pleased to offer for sale Courtyard Cottage Apartments, a 39-unit community located in the unincorporated portion of Sacramento County. Upon visiting the property savvy investors will note the lovely ambience provided by a density of 13 units per acre. This is partly achieved by so many of the units being single story cottage-style, some of which enjoy attached garages. There are 12 additional garages available for rent to residents dwelling in the apartment flats. A unique part of this property is the 3BD 2BA single-family home at the north end of the property which includes a very large backyard and two car garage. All units feature central HVAC and a single-load design.
With some updates to both the interior and exterior, Courtyard Cottages is a classic value-add opportunity to the investor who will value the 1980s bones of the property and match that with modern upgrades.
Visit www.SacAptPortfolio.com for more information, and to access Offering Memorandum and Deal Room.
This is a court-supervised sale and will be subject to court approval before it is allowed to close. Sale procedures information is available.