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Sunrise Apartments 500 Sunrise Ave 26 Unit Apartment Building $6,000,000 ($230,769/Unit) 5.85% Cap Rate Roseville, CA 95661

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Executive Summary

This property is ready to rent! 26 units total - 16 one-bedrooms and 10-two bedrooms, fully remodeled - Each unit has been upgraded, as to, Electrical throughout, Flooring, Countertops, Appliances; Lighting, etc.
The Laundry room has been updated with new flooring and machines, with storage units for tenants. All washer and dryers are owner owned, along with a vending machine.
New redwood walkways have been installed, and French Drain put in around the perimeter of the courtyard, Pool has been refinished with new plaster and equipment.
Exterior Fire Sprinkler System with Alarm and Knox Box and new Iron Gates, and Security Cameras.
Each Unit has refrigerator with ice maker; stove; built-in microwave; dishwasher; garbage disposal; ceiling fan, grab bars in the bathrooms and security gates. Window air conditioning and gas wall heat.

Financial Summary (Pro Forma - 2026) 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 (Pro Forma - 2026) 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 $6,000,000
Price Per Unit $230,769
Sale Type Investment
Cap Rate 5.85%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.14
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.84 AC
Building Size 16,968 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1960/2024
Parking Ratio 1.53/1,000 SF
Zoning R-4, Roseville

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Double Pane Windows
  • Family Room

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Online Services
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 $1,650 586
2+1 10 $1,950 748

Property Taxes

Property Taxes

Parcel Number
014-432-006
Land Assessment
$714,000 (2025)
Improvements Assessment
$3,714,460 (2025)
Total Assessment
$4,428,460 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39032471

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 500 Sunrise Ave, Roseville, CA 95661

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