325 Barrette Ave
Sacramento, CA 95815
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 5,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R-1 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Laundry Facilities
About 325 BARRETTE AVE , SACRAMENTO, CA 95815
Marcus & Millichap is pleased to present 325 Barrette Avenue in Sacramento, California. Constructed in 1960, this ten-unit building is comprised of two two-bedroom/one-bathroom units at approximately 750 square feet, and eight one-bedroom/one-bathroom units at approximately 500 square feet. Amenities at the complex include common area laundry and twelve off-street assigned parking spaces. Each unit has wall heat and air, and the units are individually metered so each resident is responsible for their own gas and electric bills. The owner pays for sewer, water, garbage, and common area lighting. This is a value-add opportunity as the existing rents are low relative to the market; thus, a new owner will be afforded the immediate opportunity to increase rents by raising them closer to market post-closing. 325 Barrette Avenue is located on a quiet street in close proximity to Arden and Del Paso. The property benefits from its central location, offering tenants convenient access to Downtown Sacramento, numerous employment centers, schools, shopping and public transportation. Aden Fair Mall and Cal-Expo Center are less than two miles from the property. Given its ideal location and upside in rents, 325 Barrette Avenue is positioned for long-term appreciation and consistent cash-flow. *CAP RATE IS PRO-FORMA
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 750 |
| 1+1 | 8 | - | 500 |
Property Taxes
| Parcel Number | 275-0027-024 | Improvements Assessment | $1,249,500 |
| Land Assessment | $255,000 | Total Assessment | $1,504,500 |
Property Taxes
