3833 Marconi Ave
Sacramento, CA 95821
Jordan Court Apartments · Multifamily Property For Sale · 24 Units

Opportunity to reposition and add value in the strong growing submarket of Arden-Arcade Average occupancy within this submarket is greater than 98% Average rents within the area are $1,032 Rental growth over the last 12 months has been greater than 10% Unique Unit Mix Upside potential in rents Sparkling pool and laundry room on-site 24 parking spaces Close to all major freeways and businesses The Arden-Arcade market attracts all types of residents because of its close proximity to retail businesses, restaurants, office jobs, Arden Fair Mall, Del Paso County Club, Cal Expo and Kaiser Hospital, which are all within close proximity. Average occupancy within this submarket is greater than 98% and has continued to rise over the last 12 months. Residents in this community have access to everything that Arden-Arcade and Carmichael have to offer. Its convenience and affordability make it a superior location for workforce housing along all three major highways. In addition to the jobs mentioned in the immediate area, residents can utilize Interstate 80, Capital City Freeway and U.S. Route 50 to gain access to employment opportunities in Arden-Arcade, Downtown Sacramento, Citrus Heights, North Sacramento and Roseville/Rocklin markets. A new investor will benefit from a value-add complex with immediate upside in rents plus the long-term benefit based on the strength of this infill location and the nation' s largest year over year rental growth.