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5434 Garfield Ave
Sacramento, CA 95841
Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 6,402 SF
No. Stories 2
Year Built/Renovated 1968/2016
Parking Ratio 1.24/1,000 SF
Zoning RD20

About 5434 GARFIELD AVE , SACRAMENTO, CA 95841

Marcus & Millichap is pleased to present Arlington Court Apartments, a beautifully renovated apartment community located in Sacramento, California. The eight unit community consists of six one-bedroom / one-bathroom with 775 rentable square feet, one two-bedroom / one-bathroom with 875 rentable square feet, and one two bedroom / two-bathroom with 875 rentable square feet. The next investor of Arlington Court will enjoy a turnkey apartment community that was completely rebuilt from the studs in 2016. In addition to owning a building that's aesthetically pleasing with functional advantages, Arlington Court will attract great tenants because of it's convenient proximity to many governmental employment opportunities in nearby Carmichael, American River College, and is in a location which offers a quiet alternative to commuters who work in Downtown Sacramento, which is approximately ten miles away on Interstate 80. Residents are also within walking distance to many modern conveniences such as Target, Walgreens, multiple dining options, and banks. Residents will also enjoy covered off street parking, garages for select units, and newly added storage space for every unit. Industry research suggests the region will experience another eight percent increase in rents market wide over the next 12 months. As droves of Bay Area residents continue to enter the Sacramento region, local investors will enjoy steady rent increases due to local housing shortages. The imbalance of tenant demand to new construction set up Arlington Court to be a stable asset with continued upside in rents. All tours must be scheduled through The DeLoney Group. Please do not disturb tenants.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 775
2+2 2 - 875

Property Taxes

Property Taxes

Parcel Number
230-0492-016
Land Assessment
$196,854
Improvements Assessment
$1,443,611
Total Assessment
$1,640,465
  • Listing ID: 13588143

  • Date on Market: 8/24/2018

  • Last Updated:

  • Address: 5434 Garfield Ave, Sacramento, CA 95841

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