2700 32nd St 8 Unit Apartment Building $1,489,000 ($186,125/Unit) 6.18% Cap Rate Sacramento, CA 95817

We are very pleased to present this exceptional opportunity to acquire a well-maintained and renovated eight unit apartment community located at 2700 32nd Street in Sacramento, California. Originally constructed in 1962, this attractive two-story multifamily property is located in the North Oak Park neighborhood with convenient access to Downtown Sacramento, where you will have a variety of restaurants, shopping, parks, public transportation and just minutes from Sutter Medical Campus. The property consists of eight (8) one- bedroom, one-bathroom apartments, each at approximately 580 square feet of comfortable living space with functional floor plans. Property amenities include gated entry, onsite laundry facilities, off-street parking, resident storage and a community patio area. Major exterior improvements were completed in 2016, including a new roof, gutters, siding and exterior paint. With exterior capital improvements, onsite amenities and the potential for additional interior updates, 2700 32nd Street presents a multifamily opportunity in a centrally located Sacramento neighborhood.