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1814-1820 T St
Sacramento, CA 95811
Multifamily Property For Sale
·
10 Units
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.
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 | - |
Property Taxes
| Parcel Number | 010-0091-004 | Improvements Assessment | $677,325 |
| Land Assessment | $329,592 | Total Assessment | $1,006,917 |
Property Taxes
Parcel Number
010-0091-004
Land Assessment
$329,592
Improvements Assessment
$677,325
Total Assessment
$1,006,917
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