2323 W St | Sacramento, CA 95818
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2323 W St
Sacramento, CA 95818
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Desirable Location | Newton Booth/Midtown, one of Sacramento’s strongest rental submarkets
- Below-Market Rents | In-place rents approx. 20% under market with $350–$450/month upside per unit
- Attractive Returns | 5.43% current cap rate; 7.14% projected at market rents
- Efficient Unit Mix | Eight (8) ±670 SF 1BD/1BA units with updated interiors
- Immediate Upside | One turn-key vacant unit ready to lease at market rate
- On-Site Amenities | Laundry facility (leased) and dedicated parking for all units
Property Facts
| No. Units | 8 | Building Size | 5,460 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R-1B-SPD | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,460 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R-1B-SPD |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 010-0165-017 | Improvements Assessment | $391,799 |
| Land Assessment | $110,937 | Total Assessment | $502,736 |
Property Taxes
Parcel Number
010-0165-017
Land Assessment
$110,937
Improvements Assessment
$391,799
Total Assessment
$502,736
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