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*PRINCIPALS ONLY - CASH-BUYERS* Cedar Grove apartments is a 66 unit apartment complex set on 3 separate parcels in a strong rental market within Yuba City. The property is absentee owned and represents a value add opportunity for a buyer to re-position the asset with improvements and strong management. Cedar Grove Apartments features an onsite leasing office, swimming pool, back-yard patios, balconies, (2) laundry facilities, and a solid unit mix with upside rental potential. *Approximate "As Is" in place Gross Annual Income is +/- $236,940 or $19,750 per month.
6 Units. All 2 Bedroom, 1 Bath. Gated Entrance and Off Street Parking. Great Rents. Recent Upgrades. No Vacancies.
Lily Street Apartments is a 14-unit complex located in North Sacramento. The property consists of three buildings on a large lot with an open courtyard, off street parking, and on-site laundry. These buildings have a wood frame, stucco and wood siding, pitched roofs,and a raised foundation. The unit mix consists of eight-studios, four-one bedrooms, and two-two bedroom units with wall heat/air. Tenants in the north and south buildings enjoy a private patio that adds an additional feature to these units. All units are metered separately for gas and electric with the owner paying sewer, water, garbage, gas for water heaters, and common area lighting which is standard for most apartments in this region. Some local owners have implemented a utility reimbursement program for these common area charges to help offset a portion of these expenses. This property is surrounded by single family homes which attract long-term residents who enjoy a family environment.
Contact Broker Prior to Viewing, Do Not Disturb Tenants! ~Located at Entrance to Downtown Sacramento's Value Submarket ~Walking Distance to Light Rail and Public Transportation ~Sellable as Three Separate Buildings, Each on Individual Parcels ~All Units Have Individual Hot Water Heaters ~Nearly All Units Have New Copper Plumbing within Last Five Years ~Stable Rental Area within Desirable Single-Family Neighborhood ~Beautifully Maintained Property with Rose Garden ~At the Epicenter of a Huge Public and Private Redevelopment Plan
Over 8.6% cap rate! Great cash flow property in Sacramento! This fully remodeled gated apartments is 100% occupied with long term tenants. Managed by professional company. $90,000 annual gross income and $120,000 capital improvement in the past year. one mile from downtown and Arden Mall. Rare opportunity for first time investors!
Palm Garden Apartments. Great turn key, fully rented complex. Apartments offer an excellent unit mix of 20 2bath/1.5bath units and 8 1bed/1bath units. Spacious units with central HVAC. Onsite laundry facility, pool with separate bathrooms. Freshly painted and updated. Two hot water heaters (one in each building). There is still room for improvement and to raise rents. Build a play structure and BBQ area. Apartments monthly rent is $18,565 and projected is $20,040. Centrally located near hospital, employment, schools and public transportation. See our 3D model (walk through the complex and inside some units)
3 Units on HUGE 1/2 acre lot. Main house is a 3 bedroom, 1 bath with large fenced yard plus duplex each side 2 bedroom, 1 bath with fenced yards. Possible buildable lot...check with city!! Brand new roof, fencing, exterior paint. Clear pest report on file! Owner would like to sell with duplex next door. Combined properties make 5 units on 1 full acre!
5 Units on HUGE 1 acre lot (on 2 APN's made up of a triplex and a duplex)! Main house is a 3 bedroom, 1 bath with large fenced yard plus 2 duplex's each side 2 bedroom, 1 bath with fenced yards (2 units have garages). Possible buildable lot...check with city!! Brand new roofs, fencing, exterior paint. Clear pest reports on file!
2 Houses on 1 lot!! Charming 3 bedrrom, 1 bath house, approximately 1354 sq ft. The second home has 1 bedroom, 1 bath over a 2 car garage with plenty of yard space. Both tenants are wonderful and would like to stay. Call Julia Barbic to schedule showing.
Price Upon Req.2,888 SF
Apartment with large outdoor deck-patio over looking Midtown's 21st Street. 1209 21st Street is a two story residential mixed use building that offers a 2-3 bedroom 2 bath apartment unit on the 2nd floor along with a retail unit on the first floor. The building was partially remodeled. 1209 21st Street is located in the heart of Sacramento's Midtown urban market on 21st street between Capitol Ave and L Streets. 21st street is a high traffic street that connects to the major Downtown Midtown arteries with surrounding National - local retailers and restaurants. 1209 21st Street is directly adjacent to the Residential Mixed Use ST. Anton apartment building across the street from a two story parking public garage, 4 story office building that houses over 150,000 SF office tenants with a large amount of daytime employees. 1209 21st Street is within two blocks from Jacks Urban Eats, Subway, Yogurt A GOGO, Harvs Car Wash, Water Boy Restaurant, Mr. Pickles, 20th Street Lounge, Washington Mutual Bank and other national and local retailers.