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Chateau Lang Apartments 6601 44th St 120 Unit Apartment Building $16,950,000 ($141,250/Unit) Sacramento, CA 95823

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EXECUTIVE SUMMARY

Recently Upgraded Chateau Lang Apartments at 6601 44th Street, Sacramento with excellent potential for value-add. All rents are below market.
This rare 120-apartment community is located in a neighborhood with convenient access to Schools, Shopping and Highway 99.
Recent Upgrades include:
1. Brand new roofs across all 13 buildings.
2. Stainless steel kitchen sinks in 40 units.
3. Upgraded electrical panels
4. New toilets and faucets in all units.
5. Double pane glass windows installed for improved insulation and energy efficiency.
6. New window AC units.
7. The laundry room is set to reopen, providing convenient in-building laundry services and additional income potential!
Contact Listing Agent for price and more information.

PROPERTY FACTS

Price $16,950,000
Price Per Unit $141,250
Sale Type Investment
No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.93 AC
Building Size 92,387 SF
Average Occupancy 90%
No. Stories 2
Year Built 1970
Parking Ratio 1.5/1,000 SF
Zoning RD-20 - Apartments

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 80 - 650
2+1 40 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
039-0011-014
Land Assessment
$530,116
Improvements Assessment
$3,384,087
Total Assessment
$3,914,203
  • Listing ID: 33540800

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 6601 44th St, Sacramento, CA 95823

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