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2323 W St
Sacramento, CA 95818 Newton Booth

$1,400,000 USD

Apartments For Sale • 5,460 SF

Property Details

Property Type Apartments
Total Building Size 5,460 SF
Lot Size 0.15 AC
Building Class C
Year Built 1965
Zoning R1B, Sacramento

56 Transit Score

86 Walk Score

                
                    Highlights
                
                                Desirable Location | Newton Booth/Midtown, one of Sacramento’s strongest rental submarkets
                            
                                Efficient Unit Mix | Eight (8) ±670 SF 1BD/1BA units with updated interiors
                            
                                Below-Market Rents | In-place rents approx. 20% under market with $350–$450/month upside per unit
                            
                                Immediate Upside | One turn-key vacant unit ready to lease at market rate
                            
                                Attractive Returns | 5.43% current cap rate; 7.14% projected at market rents
                            
                                On-Site Amenities | Laundry facility (leased) and dedicated parking for all units

Amenities

24 Hour Access
Controlled Access
Laundry Facilities
Tenant Controlled HVAC
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Freezer
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.7 mi
Airport	Drive	Walk	Distance
Sacramento International	20 min	-	13.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Tyson Tucker 530-272-7222 Coldwell Banker Commercial Grass Roots

2323 W St Sacramento, CA 95818 Newton Booth