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1606 P St
Sacramento, CA 95814
16 Powerhouse · Multifamily Property For Sale
·
50 Units
PROPERTY FACTS
| No. Units | 50 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 71,929 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 2015 |
| Building Class | A | Parking Ratio | 0.7/1,000 SF |
| Zoning | C-2-SPD R- | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.44 AC |
| Building Size | 71,929 SF |
| No. Stories | 7 |
| Year Built | 2015 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | C-2-SPD R- |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Courtyard
- Gas Range
- Bicycle Storage
- Elevator
- Pet Washing Station
ABOUT 1606 P ST , SACRAMENTO, CA 95814
16 Powerhouse is a 6.5 story mid-rise project comprised of 50 one and two bedroom luxury apartment units over 7,800 square feet (SF) of retail. Each luxury apartment includes a balcony, in-unit washer/dryer, genuine stone counters and tiles, wood floors, level 5 smooth finish walls, premium thermafoil kitchen cabinetry and bathroom vanities, walk-in closets, Bosh/Bertazonni appliance package and much more. All of the upper floor units are two-story Penthouses and every unit in the property is con-sidered “best in class” for its respective category. The property also includes 38 parking stalls of which 25 are vertically stacked. In addition to the highest quality finishes in Sacramento, 16 Powerhouse enjoys one of, if not, the best locations in Midtown. Prominently positioned on a 19,200 sf parcel on the Southeast corner of 16th and P Street, virtually all of the units enjoy unobstructed balcony views of Fremont Park and many have panoramic views of the downtown skyline and the State Capitol. The Property also includes a complet-ed condominium map for all residential and retail units providing investors with multiple disposition strategies with potentially greater returns.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 801 - 825 |
| 2+1 | 4 | - | 1,022 - 1,081 |
| 2+2 | 30 | - | 1,053 - 1,489 |
PROPERTY TAXES
| Parcel Number | 006-0293-030 | Improvements Assessment | $29,000,000 |
| Land Assessment | $5,000,000 | Total Assessment | $34,000,000 |
PROPERTY TAXES
