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2401 Marconi Ave
Sacramento, CA 95821
Marconi Apartments · Multifamily Property For Sale
·
32 Units

Property Facts
| No. Units | 32 | Building Size | 25,025 SF |
| Property Type | Multifamily | Average Occupancy | 84% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 1.27 AC | ||
| Zoning | RD30, Sacramento | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 25,025 SF |
| Average Occupancy | 84% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | RD30, Sacramento |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
- Wi-Fi
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Gated
- Recycling
About 2401 MARCONI AVE , SACRAMENTO, CA 95821
Marconi Apartments is a 32-unit property comprised of 87.5 percent two-bedroom floor plans, an inviting interior courtyard and swimming pool on-site. The property is located in the heart of Arden-Arcade, a submarket in Sacramento that boasts some of the lowest vacancy factors and highest rent growth year over year. With record-low new inventory being constructed in the region, research suggests there will be continued tightening in the rental market. Marconi Apartments is ideally situated to capture this upside, with rare suburban walkability and a great launching point for the region’s largest job centers. The building has seen extensive interior renovations in 2017. Twenty-two of the interiors have received some level of renovation in the past year. The purchaser of Marconi Apartments will step into a well-performing asset with the opportunity to add value through the addition of a leasing office, continued interior renovations and common barbeque area near the swimming pool. Please do not disturb management. All tours must be scheduled through listing agent.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 |
| 2+1 | 28 | - | 800 - 813 |
Property Taxes
| Parcel Number | 268-0140-006 | Improvements Assessment | $3,363,288 |
| Land Assessment | $892,413 | Total Assessment | $4,255,701 |
Property Taxes
Listing ID: 11826262
Date on Market: 3/6/2018
Last Updated:
Address: 2401 Marconi Ave, Sacramento, CA 95821
The Outer Arden-Arcade Multifamily Property at 2401 Marconi Ave, Sacramento, CA 95821 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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