Historical Multifamily Sale Listing - Town & Country Garden Apartments

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Town & Country Garden Apartments

2927 Marconi Avenue, Sacramento, CA 95821

N/A

92 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
92
Building Size:
48,230 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5.70%
Gross Rent Multiplier:
7.60
Occupancy:
97%
No. Stories:
2
Year Built:
1957
Lot Size:
2.35 AC
APN / Parcel ID:
268-0160-012
Listing ID
17028721
Last Updated
over 1 year ago

Highlights

  • Rental Income Upside
  • Turn-Key Opportunity
  • Great Town & Country Location
  • Always 100% Occupied

Description

A "turn-key" opportunity to acquire 92 units in the Town & Country submarket of Sacramento. This property is well maintained and is always 97-100% occupied. Immediate upside through rent increases.

Located on Marconi Avenue, just East of Fulton and Town & Country Village. Within a stone's throw of Trader Joe's, Starbucks, Savemart, Noah's Bagels, restaurants, employment, schools and public transit.

Map of 2927 Marconi Avenue, Sacramento, CA 95821 (Sacramento County)

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Created 2/16/2011