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2900 Marconi Ave
Sacramento, CA 95821
Morris Apartments · Multifamily Property For Sale · 40 Units

INVESTMENT HIGHLIGHTS

  • Value add opportunity
  • Excellent Arden-Arcade location
  • New two tone paint job
  • Significant upside in rents
  • Two-story garden style
  • Wall heat and air

PROPERTY FACTS

No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.26 AC
Building Size 23,320 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1953/2022
Parking Ratio 2.14/1,000 SF
Zoning RD-30

AMENITIES

UNIT AMENITIES

  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Recycling
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 24 $1,095 525
2+1 16 $1,325 670

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
268-0210-084
Land Assessment
$1,040,400
Improvements Assessment
$5,488,110
Total Assessment
$6,528,510
  • Listing ID: 27585509

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 2900 Marconi Ave, Sacramento, CA 95821

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