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3326 Lerwick Rd
Sacramento, CA 95821 Outer Arden-Arcade

$3,650,000 USD

Apartments For Sale • 32,734 SF

Property Details

Property Type Apartments
Total Building Size 32,734 SF
Lot Size 1.09 AC
Building Class C
Year Built 1964
Cap Rate 4.47 %
Zoning RD-20

40 Transit Score

63 Walk Score

                
                    Highlights
                
                                Fully occupied 24 unit asset with long-term tenants ensuring consistent and reliable rental income.
                            
                                6 well-maintained buildings featuring 2bedrooms and 1bathroom Ideal for immediate cashflow.
                            
                                Desirable location situated in a stable Sacramento neighborhood attracts a wide tenant base and supports sustained demand.
                            
                                Flexible leases with the majority of tenants on month-to-month leases; excellent potential to adjust rents for increased revenue.
                            
                                Onsite laundry facilities and ample parking enhance tenant satisfaction and property value.
                            
                                Managed by a dedicated property management team and an onsite maintenance manager for seamless operations and reduced owner involvement.

Property Flyers

Memorandum Flyer_062225

20250531 LerwickP&L LTM 6-1-24--5-31-25

Copy_of_Rent_Rolll__June_2025_Lerwick

Financial Summary (Proforma)

Net Operating Income: $163,314 USD (2025)

Cap Rate:	4.47 %
Total Expenses:	$166,688 USD

Amenities

24 Hour Access
Courtyard
Tenant Controlled HVAC
Heating
Refrigerator
Oven
Range
Tub/Shower
Maintenance on site
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	8.3 mi
Transit/Subway	Drive	Walk	Distance
Watt/I-80 (Blue Line - Sacramento Regional Transit District Light Rail (The RT))	4 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Sacramento International	25 min	-	16.5 mi

Parking Details

Parking Available:	Yes
Reserved:	Yes
Type:	Reserved
Included in Rent:	Yes

Julie Veliz 916-429-1205 HomeRiver Group- Sacramento

3326 Lerwick Rd Sacramento, CA 95821 Outer Arden-Arcade