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2016 U St
Sacramento, CA 95818 Newton Booth

$1,625,000 USD

Apartments For Sale  •  3,090 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,090 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1952
  • Cap Rate 4.25 %
  • Zoning C-2-SPD
56 Transit Score
89 Walk Score

Highlights

"The Grove" is a rare, one-of-one multifamily property in Midtown, Sacramento
4 total residential units including a triplex and single family house
Large parcel features private courtyards and amenity space for the tenants with old grown Cedar trees and curated landscaping
Underlying zoning is C-2-SPD thereby allowing for a larger ground-up development project on the site
Great walkable location in Midtown, Sacramento
Cap Rate: 4.25 %

Public Transportation

Commuter RailDriveWalkDistance
Sacramento (Capitol Corridor - Capitol Corridor Joint Powers Authority) 5 min - 2.4 mi
Transit/SubwayDriveWalkDistance
23Rd Street (Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 1 min 9 min 0.5 mi
Broadway (Blue Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 9 min 0.5 mi
16Th Street (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 12 min 0.6 mi
13Th Street (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 16 min 0.9 mi
29Th Street (Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Sacramento International 20 min - 13.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: AttachedGarage
Included in Rent: Yes
Jon Lang 916-710-0753 Turton Commercial Real Estate
Jon Lang 916-710-0753 Turton Commercial Real Estate