7575 Power Inn Rd - Apartments FOR SALE


Sacramento, CA 95828- Florin
$11,700,000 USD
916-724-1294
7575 Power Inn Rd, Sacramento, CA for Sale
$11,700,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

7575 Power Inn Rd
Sacramento, CA 95828
Florin


HIGHLIGHTS

  • Value-add opportunity
  • Desirable floorplans and unit mix; upstairs units feature vaulted ceilings and every unit features in-suite laundry
  • Garages provide a nice tenant amenity and supplementary property income

OVERVIEW

The DeLoney Group at Marcus & Millichap is pleased to offer for sale Country Glen Apartments in the unincorporated county portion of Sacramento, CA. Having been built in 1990, the property offers residents valuable amenities such as in-suite laundry, upstairs vaulted ceilings, private patios and balconies, garages available for rent, a swimming pool and spa, a leasing office clubhouse and small fitness center. Eight of the 2BD 2BA units are single story cottages offering a more private living space and lower density overall. Based on rents already achieved by current ownership, the existing rent roll suggests more than 18% upside in income. The property is poised to be upgraded and taken to the next level. 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

$11,700,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

80

PRICE/UNIT

$146,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Glen Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

RD25, Sacaramento

APN/PARCEL ID

051-0200-093

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.