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

Property Facts
| No. Units | 8 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 6,402 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2016 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Zoning | RD20 | ||
| 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
| Parcel Number | 230-0492-016 | Improvements Assessment | $1,443,611 |
| Land Assessment | $196,854 | Total Assessment | $1,640,465 |
Property Taxes
Listing ID: 13588143
Date on Market: 8/24/2018
Last Updated:
Address: 5434 Garfield Ave, Sacramento, CA 95841
The Multifamily Property at 5434 Garfield Ave, Sacramento, CA 95841 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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