7337 Power Inn Rd - Apartments FOR SALE


Sacramento, CA 95828- Florin
$5,655,000 USD
916-724-1294
7337 Power Inn Rd, Sacramento, CA for Sale
$5,655,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

7337 Power Inn Rd
Sacramento, CA 95828
Florin


HIGHLIGHTS

  • Value-add opportunity on 1985 vintage low density property (13 units/acre)
  • 38% of units are single story-cottage style, of which more than half of those have attached garages
  • Additional garages are available for rent

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,655,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

39

PRICE/UNIT

$145,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courtyard Cottages

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

59

LAND DETAILS

LAND ACRES

2.72 AC

LAND SF

118,287 SF

ZONING

RD20T, Sacramento

APN/PARCEL ID

051-0231-014,051-0231-015

ASK ABOUT THIS PROPERTY

David DeLoneyMarcus & MillichapMore Info
916-724-1294

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David DeLoneyMarcus & MillichapMore Info
916-724-1294

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