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Investment Highlights
- Four unit multifamily with all 2 bed 1 bath units and strong, functional layout.
- Desirable amenities including fireplaces, central heat and air, on site laundry, and covered parking
- Fully occupied asset in established Sacramento rental market.
- Convenient location near I 5, Highway 99, Delta Shores, and Downtown Sacramento
Executive Summary
100 Nedra Court is a four-unit multifamily property located in the Meadowview neighborhood of Sacramento, California. The property offers convenient access to major commuting routes, including Interstate 5 and Highway 99, providing residents with easy connectivity to Downtown Sacramento and other employment and lifestyle centers throughout the region.
The property features a two-story McKeon-style design with a functional and tenant-friendly (4) 2 Bed 1 Bath unit mix. The building is comprised of a front flat unit, two townhome-style units situated along the sides of the property, and a second-story flat unit located toward the rear. Three of the units (Units 1, 2, and 3) feature fireplaces, an attractive amenity that adds character to the living spaces and enhances tenant appeal. All units are equipped with forced-air heating and central air conditioning, providing comfortable living conditions throughout the year.
Residents benefit from several practical amenities, including an on-site washer and dryer and dedicated carport parking with one covered space assigned to each unit.
100 Nedra Court is located just minutes from a variety of retail, dining, and entertainment options, including the Delta Shores shopping center to the southwest. The property’s location also offers quick access to Downtown Sacramento, making it attractive to tenants seeking affordability with convenient proximity to the city.
The property is fully occupied, presenting investors with a stabilized multifamily asset in a well-established Sacramento rental submarket.
The property features a two-story McKeon-style design with a functional and tenant-friendly (4) 2 Bed 1 Bath unit mix. The building is comprised of a front flat unit, two townhome-style units situated along the sides of the property, and a second-story flat unit located toward the rear. Three of the units (Units 1, 2, and 3) feature fireplaces, an attractive amenity that adds character to the living spaces and enhances tenant appeal. All units are equipped with forced-air heating and central air conditioning, providing comfortable living conditions throughout the year.
Residents benefit from several practical amenities, including an on-site washer and dryer and dedicated carport parking with one covered space assigned to each unit.
100 Nedra Court is located just minutes from a variety of retail, dining, and entertainment options, including the Delta Shores shopping center to the southwest. The property’s location also offers quick access to Downtown Sacramento, making it attractive to tenants seeking affordability with convenient proximity to the city.
The property is fully occupied, presenting investors with a stabilized multifamily asset in a well-established Sacramento rental submarket.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$71,400
|
$19.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,142
|
$0.59
|
| Effective Gross Income |
$69,258
|
$19.17
|
| Taxes |
$10,251
|
$2.84
|
| Operating Expenses |
$13,606
|
$3.77
|
| Total Expenses |
$23,857
|
$6.60
|
| Net Operating Income |
$45,401
|
$12.57
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $71,400 |
| Annual Per SF | $19.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $2,142 |
| Annual Per SF | $0.59 |
| Effective Gross Income | |
|---|---|
| Annual | $69,258 |
| Annual Per SF | $19.17 |
| Taxes | |
|---|---|
| Annual | $10,251 |
| Annual Per SF | $2.84 |
| Operating Expenses | |
|---|---|
| Annual | $13,606 |
| Annual Per SF | $3.77 |
| Total Expenses | |
|---|---|
| Annual | $23,857 |
| Annual Per SF | $6.60 |
| Net Operating Income | |
|---|---|
| Annual | $45,401 |
| Annual Per SF | $12.57 |
Property Facts
| Price | $895,000 | Apartment Style | Garden |
| Price Per Unit | $223,750 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,612 SF |
| Cap Rate | 5.05% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.54 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1965 |
| Property Type | Multifamily | Parking Ratio | 1.11/1,000 SF |
| Zoning | R-3 | ||
| Price | $895,000 |
| Price Per Unit | $223,750 |
| Sale Type | Investment |
| Cap Rate | 5.05% |
| Gross Rent Multiplier | 12.54 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.13 AC |
| Building Size | 3,612 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,475 | 903 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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