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1860 Ethan Way
Sacramento, CA 95825 Outer Arden-Arcade

$2,800,000 USD

Apartments For Sale  •  20,409 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,350 SF
  • Lot Size 0.68 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 6.33 %
  • Zoning RD30, Sacramento
41 Transit Score
81 Walk Score

Highlights

Offered at an Attractive Basis of $127,272 Per Unit.
6.33% Current Cap Rate Underwritten to a Realistic 46% Expense Load.
Ideally Located Adjacent to the Arden Fair Mall, Cal Expo, Home Depot , and Numerous Major Employers.
Fully Gated Community Featuring Onsite Laundry and Ample Parking.
Value Add Opportunity Offered Far Below Replacement Cost.

Financial Summary (Actual)

Net Operating Income: $177,292 USD (2025)
Cap Rate: 6.33 %
Total Expenses: $148,511 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
10 min - 5.8 mi
AirportDriveWalkDistance
Sacramento International 22 min - 14.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Isaac Merritt 530-401-1885 ALIVE Commercial Real Estate
Isaac Merritt 530-401-1885 ALIVE Commercial Real Estate