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2611 Alhambra Blvd 2611 Alhambra 6 Unit Apartment Building $1,250,000 ($208,333/Unit) 5.91% Cap Rate Sacramento, CA 95817
EXECUTIVE SUMMARY
Welcome to a prime investment opportunity in North Oak Park, Sacramento featuring 9 BRs & 6 baths across varied units. This property includes updated 2BR units (750 sq ft) & 1BR units (600 sq ft), with four units refreshed in the last year. Enjoy the benefits of modern finishes with newer floors, counters, and updated baths. Situated steps away from major transportation routes and freeways, this location offers rapid access to Midtown and Downtown Sacramento, ensuring a seamless commute. The blend of steady rental income and convenient location provides an exceptional chance for investors to secure a promising asset.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $208,333 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,346 SF |
| Cap Rate | 5.91% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.74 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1925 |
| Property Type | Multifamily | Parking Ratio | 1.38/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R-2B - Single-Family Residential | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 5.91% |
| Gross Rent Multiplier | 9.74 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,346 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | R-2B - Single-Family Residential |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Disposal
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Tub/Shower
- Carpet
- Double Pane Windows
- Family Room
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Gas Range
- Recycling
- Smoke Free
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $1,710 | 750 |
| 1+1 | 3 | $1,500 | 600 |
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Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 010-0305-001 | Improvements Assessment | $951,678 |
| Land Assessment | $208,902 | Total Assessment | $1,160,580 |
PROPERTY TAXES
Parcel Number
010-0305-001
Land Assessment
$208,902
Improvements Assessment
$951,678
Total Assessment
$1,160,580
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2611 Alhambra Blvd | 2611 Alhambra
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