7501 Sunrise Blvd | Citrus Heights, CA 95610
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- LoopNet Team
7501 Sunrise Blvd
Citrus Heights, CA 95610
Auburn Oaks · Multifamily Property For Sale
·
130 Units
INVESTMENT HIGHLIGHTS
- Auburn Oaks Apartments- 130-unit apartment community within Citrus Heights, one of the top submarkets for rent growth in the Sacramento market.
- Auburn Oaks currently fills a need in the community for transitional housing for income challenged elderly residents.
- Second highest population by age group within five miles is of 65-84 years old, coinciding with Auburn Oaks transitional approach to senior living.
- Located within the strong demographics of the Sacramento MSA, near Interstate 80 and less than 20 miles to the historic state capital.
- Current unit mix consists of 48 apartment units and 82 former assisted living units, totaling over 60,800 square feet.
- Potential for unit renovations and/or the redevelopment of the property to modern design standards, once the existing lease expires.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 3.43 AC |
| Type of Ownership | Fee Simple | Construction Status | Under Renovation |
| No. Units | 130 | Building Size | 110,873 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1977/2025 |
| Apartment Style | Low-Rise | Parcel Number | 224-0090-005 |
| Building Class | C | ||
| Zoning | RD20 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 130 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.43 AC |
| Construction Status | Under Renovation |
| Building Size | 110,873 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2025 |
| Zoning | RD20 |
| Parcel Number | 224-0090-005 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 130 | - | - |
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