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7236 East Pky
Sacramento, CA 95823
90 Unit Value Add · Multifamily Property For Sale
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90 Units
Investment Highlights
- ASSUMABLE loan at 3.25% - Assumable ±$7,000,000 loan with a 5-year fixed term set until May 2027 at 3.25%
- Cost Savings Value Add - Central HVAC could be converted to electric [potential SMUD subsidies] eliminating gas costs to the landlord
- Management Restructure Savings - On-site management could be restructured for additional bottom line savings
- Rental Premium Potential - Modernizing units would attain an additional rent premium
- Cost Water Savings Value Add - Water fixture upgrades could provide easy savings
Property Facts
| No. Units | 90 | Lot Size | 2.57 AC |
| Property Type | Multifamily | Building Size | 86,778 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| Zoning | RD-20 - Multiple Family Residential | ||
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.57 AC |
| Building Size | 86,778 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | RD-20 - Multiple Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- Walk-In Closets
- Patio
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | 532 |
| 1+1 | 36 | - | 432 - 910 |
| 2+2 | 45 | - | 1,020 - 1,102 |
Property Taxes
| Parcel Number | 050-0010-078 | Improvements Assessment | $11,142,684 |
| Land Assessment | $2,122,416 | Total Assessment | $13,265,100 |
Property Taxes
Parcel Number
050-0010-078
Land Assessment
$2,122,416
Improvements Assessment
$11,142,684
Total Assessment
$13,265,100
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