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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 | Building Size | 79,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 3.67 AC | ||
| Zoning | R3 | ||
| 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
| Parcel Numbers | Improvements Assessment | $3,245,871 | |
| Land Assessment | $1,176,522 | Total Assessment | $4,422,393 |
Property Taxes
Parcel Numbers
Land Assessment
$1,176,522
Improvements Assessment
$3,245,871
Total Assessment
$4,422,393
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