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B Street Apartments 315-317 B St 27 Unit Apartment Building $4,550,000 ($168,519/Unit) 6.35% Cap Rate Roseville, CA 95678



Investment Highlights
- ASSUMABLE FINANCING 3.45% INT RATE // LOAN BALANCE ~$2.45M // FIVE YEARS REMAINING
- Well Maintained Property // No Major Deferred Maintenance
- Strong Tenant Demand //Consistent Income // Historically Low Vacancy Rate
- Amazing Location in the Heart of Roseville
Executive Summary
315 B Street presents a rare opportunity to acquire a well-maintained 27-unit multifamily asset generating consistently strong cash flow in the heart of Roseville, CA.
A standout feature of this offering is the ASSUMABLE FINANCING at an exceptional 3.45% interest rate, fixed for five more years. In today’s higher interest rate environment, this below-market debt materially enhances returns, lowers debt service, and provides long-term stability for the next owner—making this an increasingly rare and highly attractive component of the investment.
The asset has demonstrated a historically low vacancy rate and reliable, consistent monthly income, reflecting both the strength of the Roseville rental market and the property’s operational stability. Current ownership has taken a hands-on approach, continually reinvesting capital back into the property to maintain its good overall condition and preserve long-term value.
From an investor standpoint, the property offers meaningful upside through rent increases to market levels and the opportunity to streamline operations, providing a clear path to enhanced cash flow and long-term appreciation without the need for heavy deferred maintenance.
Connect with Listing Agent Eric Feldman with all inquiries (619) 846-2383 // Feldman@bridgepointmultifamily.com
A standout feature of this offering is the ASSUMABLE FINANCING at an exceptional 3.45% interest rate, fixed for five more years. In today’s higher interest rate environment, this below-market debt materially enhances returns, lowers debt service, and provides long-term stability for the next owner—making this an increasingly rare and highly attractive component of the investment.
The asset has demonstrated a historically low vacancy rate and reliable, consistent monthly income, reflecting both the strength of the Roseville rental market and the property’s operational stability. Current ownership has taken a hands-on approach, continually reinvesting capital back into the property to maintain its good overall condition and preserve long-term value.
From an investor standpoint, the property offers meaningful upside through rent increases to market levels and the opportunity to streamline operations, providing a clear path to enhanced cash flow and long-term appreciation without the need for heavy deferred maintenance.
Connect with Listing Agent Eric Feldman with all inquiries (619) 846-2383 // Feldman@bridgepointmultifamily.com
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,550,000 | Building Class | C |
| Price Per Unit | $168,519 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 14,200 SF |
| Cap Rate | 6.35% | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.6 | No. Stories | 2 |
| No. Units | 27 | Year Built/Renovated | 1960/2025 |
| Property Type | Multifamily | Parking Ratio | 1.55/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R4, Roseville | ||
| Price | $4,550,000 |
| Price Per Unit | $168,519 |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| Gross Rent Multiplier | 9.6 |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 14,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2025 |
| Parking Ratio | 1.55/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4, Roseville |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | $1,276 | 450 |
| 1+1 | 12 | $1,405 | 600 |
| 2+1 | 2 | $1,750 | 750 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 014-033-026 | Total Assessment | $4,428,460 |
| Land Assessment | $433,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,994,960 | Tax Year | 2025 |
Property Taxes
Parcel Number
014-033-026
Land Assessment
$433,500
Improvements Assessment
$3,994,960
Total Assessment
$4,428,460
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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B Street Apartments | 315-317 B St
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