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

Property Facts

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

Property Taxes

Parcel Number
268-0140-006
Land Assessment
$892,413
Improvements Assessment
$3,363,288
Total Assessment
$4,255,701
  • Listing ID: 11826262

  • Date on Market: 3/6/2018

  • Last Updated:

  • Address: 2401 Marconi Ave, Sacramento, CA 95821

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