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3116-3120 Howe Ave
Sacramento, CA 95821 Outer Arden-Arcade

$3,700,000 USD

Apartments For Sale  •  12,900 SF

Property Details

• Property Type Apartments
• Total Building Size 12,900 SF
• Lot Size 0.81 AC
• Building Class C
• Year Built 1955
• Cap Rate 7.78 %
• Zoning RD30

30 Transit Score

40 Walk Score

Highlights

Stabilized Asset with Upside Potential

Completely Remodeled Exterior and Interior

Highly Desirable Arden-Arcade Submarket of Sacramento

Financial Summary (Actual)

Net Operating Income: $272,264 USD (2025)

Cap Rate:	7.78 %
Total Expenses:	$134,170 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Golden Tee Apartments

Amenities

• Fenced Lot
• Smoke Free
• Car Charging Station
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Sacramento (California Zephyr - Amtrak, Capitol Corridor - Amtrak, Coast Starlight - Amtrak)	9 min	-	6.4 mi
Airport	Drive	Walk	Distance
Sacramento International	22 min	-	15.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	28
Type:	Surface
Included in Rent:	Yes