1580 Morse Ave
Sacramento, CA 95864
The Courtyard on Morse · Multifamily Property For Sale
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60 Units
Property Facts
| No. Units | 60 | Building Size | 65,734 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 1.48 AC | ||
| Zoning | RD20, Sacramento | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.48 AC |
| Building Size | 65,734 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | RD20, Sacramento |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Dining Room
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Playground
- Property Manager on Site
- Tenant Controlled HVAC
- Gated
- Grill
- Gas Range
- Online Services
- Walk-Up
About 1580 MORSE AVE , SACRAMENTO, CA 95864
**Please contact Broker for a complete Offering Memorandum and to arrange all site visits** The Courtyard on Morse is a 60-unit garden style apartment community located in the desirable 95864 zip code of Sacramento, California. Stucco buildings with pitched composition roofs on a relatively small footprint make for a low maintenance exterior while offering large unit floor plans for tenants. The unit mix is strong, boasting 85% Two-Bedroom units that are renting for $960 per month (including utility charges). Significant opportunity remains for a new owner to continue moving rents with the market to further increase cash flow. Courtyard on Morse is in a great location within walking distance of groceries, retail, schools, and public transportation. The property is located around the corner from Safeway, CVS, Office Max and BevMo!. Local public schools are also within a one-mile walk while the Route 82 Bus line that connects California State University, Sacramento (3.5 mi), American River College (6 mi), and the University/65th Street Light Rail Station also picks up a short walk from the property.
Property Taxes
| Parcel Number | 286-0070-014 | Improvements Assessment | $3,592,823 |
| Land Assessment | $461,679 | Total Assessment | $4,054,502 |
Property Taxes
