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900-924 Simon Ter
West Sacramento, CA 95605
Rivergate Apartments · Multifamily Property For Sale · 126 Units

Investment Highlights

  • Value-Add Opportunity Located Less than Three Miles from California's State Capitol Building. The Property Last Sold in 1993.
  • Sale Includes a 0.19-Acre Parcel Adjacent to Property; Possible Addition of an Amenity, Additional Units or Parking, Etc.
  • All Units are on Month-to-Month Agreements. Existing Loss to Lease is Approximately 27 Percent and Comps Support an Additional 14-Percent Increase in

Property Facts

No. Units 126
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.67 AC
Building Size 79,200 SF
Average Occupancy 100%
No. Stories 2
Year Built 1975
Parking Ratio 1.59/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Dishwasher
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Laundry Facilities
  • Pool
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 72 $927.00 575
2+1 54 $990.00 700

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 014-540-016-000
  • 014-540-031-000
Land Assessment
$1,176,522
Improvements Assessment
$3,245,871
Total Assessment
$4,422,393
  • Listing ID: 26089392

  • Date on Market: 7/5/2022

  • Last Updated:

  • Address: 900-924 Simon Ter, West Sacramento, CA 95605

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