2312 Villanova Cir 8 Unit Apartment Building $2,350,000 ($293,750/Unit) 5.27% Cap Rate Sacramento, CA 95825

Massive opportunity to be the new owner of this cash-flowing, 100% occupied, Arden-Arcade 8-plex building! This is The Villanova Garden Apartments in Sacramento, CA. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191 GLA on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years providing the new ownership a true plug and play model. Updates to the remodeled units include new kitchen and bathroom, counters and cabinets, tub and shower, a stand alone gas range w/ventilation hood, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Two units remain up to new ownerships imagination as your own personal canvas and value-add opportunity. Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. Financial information is available upon request.