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1814-1820 T St 10 Unit Apartment Building $2,625,000 ($262,500/Unit) 4.49% Cap Rate Sacramento, CA 95811
Investment Highlights
- Laundry onsite
- Rent upside
- Location
- Most units rehabbed
Executive Summary
T Street Garden Apartments presents a unique chance for investors to acquire a strategically positioned community with considerable potential for value improvement. The current long-term owner has established rental rates that are below the market average, which has effectively reduced tenant turnover, making this property an exceptional investment opportunity. Furthermore, income is generated from the on-site laundry facilities. This offering is particularly ideal for investors seeking a value-add opportunity in one of Sacramento's most sought-after submarkets.
The property is fully leased at the moment, boasting a low rate of
vacancies and an attractive tenant demographic. The existing owner
has kept rental prices lower than the current market rates, providing a
potential buyer the opportunity to raise rents and improve overall
profitability. Furthermore, the property features well-established
landscaping that not only enhances residents' privacy but also creates
a peaceful and calming living atmosphere.
The property is fully leased at the moment, boasting a low rate of
vacancies and an attractive tenant demographic. The existing owner
has kept rental prices lower than the current market rates, providing a
potential buyer the opportunity to raise rents and improve overall
profitability. Furthermore, the property features well-established
landscaping that not only enhances residents' privacy but also creates
a peaceful and calming living atmosphere.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$183,000
|
$34.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$183,000
|
$34.39
|
| Taxes |
$28,600
|
$5.37
|
| Operating Expenses |
$36,787
|
$6.91
|
| Total Expenses |
$65,387
|
$12.29
|
| Net Operating Income |
$117,613
|
$22.10
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $183,000 |
| Annual Per SF | $34.39 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $183,000 |
| Annual Per SF | $34.39 |
| Taxes | |
|---|---|
| Annual | $28,600 |
| Annual Per SF | $5.37 |
| Operating Expenses | |
|---|---|
| Annual | $36,787 |
| Annual Per SF | $6.91 |
| Total Expenses | |
|---|---|
| Annual | $65,387 |
| Annual Per SF | $12.29 |
| Net Operating Income | |
|---|---|
| Annual | $117,613 |
| Annual Per SF | $22.10 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Granite Countertops
- Carpet
- Grill
- Dining Room
- Garden
- Porch
Site Amenities
- Laundry Facilities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,395 | - |
| 2+1 | 1 | $1,795 | - |
| 3+2 | 1 | $2,698 | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 010-0091-004 | Total Assessment | $1,006,917 |
| Land Assessment | $329,592 | Annual Taxes | $28,600 ($5.37/SF) |
| Improvements Assessment | $677,325 | Tax Year | 2025 |
Property Taxes
Parcel Number
010-0091-004
Land Assessment
$329,592
Improvements Assessment
$677,325
Total Assessment
$1,006,917
Annual Taxes
$28,600 ($5.37/SF)
Tax Year
2025
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1814-1820 T St
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