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701 Plaza Ave
Sacramento, CA 95815 Old North Sacramento

$8,850,000 USD

Apartments For Sale  •  38,024 SF

Property Details

  • Property Type Apartments
  • Total Building Size 40,100 SF
  • Lot Size 1.48 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 6.70 %
  • Zoning R-2B
40 Transit Score
50 Walk Score

Highlights

3 buildings / 1 parcel on a large lot
Wall heat and wall A/C; interiors vary by unit
Open courtyard design with onsite and off-street parking
Units feature gas stoves, refrigerators, garbage disposals, and tub/showers
Close to grocery stores, dining, and major retail
Near Downtown Sacramento and Arden-Arcade
Cap Rate: 6.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Mirador Apartments

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Heating
  • Tub/Shower
  • Instant Hot Water
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.0 mi
AirportDriveWalkDistance
Sacramento International 20 min - 12.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Aaron Frederick 916-224-9808 Colliers
Aaron Frederick 916-224-9808 Colliers