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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

PRINCIPALS ONLY PLEASE PLEASE DO NOT DISTURB TENANTS; Contact Broker for complete OM including Financials. Marconi Apartments offers the astute investor a unique opportunity to acquire an asset that HAS JUST UNDERGONE A MAJOR RENOVATION IN 2016 INCLUDING NEW STUCCO EXTERIOR, NEW PAINT, and NEW DUAL PANE WINDOWS, as well as NEWLY REMODELED INTERIORS IN 80% - 90% OF THE UNITS. The property is comprised of 28 Two Bedroom / One Bath Units and only 4 One Bedroom / One Bath apartments. ....Marconi Apartments provides their residents with numerous onsite amenities including a swimming pool, enclosed patios, and a nicely landscaped inner courtyard. The complex also provides laundry facilities, generous parking and external patio lighting. The units have been nicely remodeled with all new dual pane windows, flooring, fixtures and appliances. All units have heat and air conditioning, as well as individual hot water heaters, a refrigerator, microwave, and a dishwasher. Current rents are well below market and represent significant rental upside for the entire asset. Arden-Arcade is one of Sacramento' s strongest rental markets. The community is served by three major highways and several major thoroughfares offering easy access to the best shopping, entertainment, recreation, and cultural destinations in the Sacramento Region. The area provides substantial employment opportunities along with one of the best school systems in the county. Close to the elite Town & Country Shopping Center, Del Paso Country Club and Golf Range.

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: 6710491

  • Date on Market: 4/10/2017

  • Last Updated:

  • Address: 2401 Marconi Ave, Sacramento, CA 95821

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