This property is Off-Market

2927 Marconi Avenue
Sacramento, CA 95821 ·

92 Units · Multifamily For Sale

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Town & Country Garden Apartments

Price N/A Gross Rent Multiplier 7.60
No. Units 92 Occupancy 97%
Building Size 48,230 SF No. Stories 2
Property Type Multifamily Year Built 1957
Property Sub-type Garden/Low-Rise Lot Size 2.35 AC
Property Use Type Investment APN / Parcel ID 268-0160-012
Cap Rate 5.70%
Listing ID: 17028721 Date Created: 02/16/2011 Last Updated: 01/03/2012

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.

Highlights

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

Research

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

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