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Coffee Shop 609-611 16th St 5 Unit Apartment Building $1,195,000 ($239,000/Unit) 6.41% Cap Rate Sacramento, CA 95814
Investment Highlights
- Updated Electrical
- Central Heat and Air
- Great Downtown Location
- New Roof
- Remodeled Units
Executive Summary
609-611 16th St is a mixed use building consisting of 4 apartments and retail coffee shop. 2 of the units are 1 bed 1 bath, completely remodeled. The other 2 units are furnished studios operating as midterm rentals, completely remodeled. The roof was replaced within the last 7 years. The electrical has been updated. The property has new dual pane windows. The apartments have mini split units providing central heat and air. The units are separately metered for gas and electric. There is a common laundry area for tenants convenience.
Data Room Click Here to Access
- Market Information
Financial Summary (Actual - 2025) 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 (Actual - 2025) 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 | $1,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $239,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 6.41% | Building Size | 3,272 SF |
| Gross Rent Multiplier | 10.8 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2019 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C-2 | ||
| Price | $1,195,000 |
| Price Per Unit | $239,000 |
| Sale Type | Investment |
| Cap Rate | 6.41% |
| Gross Rent Multiplier | 10.8 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,272 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2019 |
| Opportunity Zone |
Yes |
| Zoning | C-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,525 | - |
| Studios | 2 | $1,800 | - |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 002-0173-002 | Total Assessment | $920,298 (2026) |
| Land Assessment | $245,412 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $674,886 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
002-0173-002
Land Assessment
$245,412 (2026)
Improvements Assessment
$674,886 (2026)
Total Assessment
$920,298 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Coffee Shop | 609-611 16th St