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2228 Edison Ave
Sacramento, CA 95821
Sonoma Apartments · Multifamily Property For Sale
·
69 Units
Investment Highlights
- Value-Add Opportunity with $500/Unit Upside
- Severely Supply Constrained Market
- 34% Rent Growth & +97% Occupancy by 2027
- Excellent Value Proposition & Employment Connectivity
Property Facts
| No. Units | 69 | Building Size | 51,120 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 2.62 AC | ||
| Zoning | RD30 | ||
| No. Units | 69 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.62 AC |
| Building Size | 51,120 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | RD30 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Walk-In Closets
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 38 | $1,450 | 558 |
| 2+2 | 26 | $1,650 | 833 |
| 2+2 | 5 | $1,750 | 836 |
Property Taxes
| Parcel Number | 266-0090-018 | Improvements Assessment | $10,414,404 |
| Land Assessment | $1,872,720 | Total Assessment | $12,287,124 |
Property Taxes
Parcel Number
266-0090-018
Land Assessment
$1,872,720
Improvements Assessment
$10,414,404
Total Assessment
$12,287,124
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