DESCRIPTION

This 24 unit garden apartment complex in the Arden Arcade area of Sacramento offers immediate upside with below market rents. 9 two bedroom and 15 one bedroom units are individually metered for gas and electricity, paid by tenants. A nearly one acre lot offers off-street parking for all tenants. Sacramento, and the Arden Arcade area, have experienced strong rent growth in the last few years while vacancies remain at a historic low.

KEY DETAILS
  • Price:
  • $2,995,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.98
  • Year Built:
  • 1958
  • MLS #:
  • 18071637
  • Street Address:
  • 3101 Truax Ct
  • City:
  • Sacramento
  • State:
  • CA
  • Postal Code:
  • 95821
  • County:
  • Sacramento
  • Area:
  • 10821
  • Listing Status:
  • For Sale - Active

Building

  • Amenities:
  • Barbeque, Washer/Dryer Owned
  • Construction Description:
  • Wood
  • Exterior Features:
  • Brick, Wood
  • Number Of 1 Bedroom Units:
  • 15
  • Number Of 2 Bedroom Units:
  • 9
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Type Of Roof:
  • Comp Shingle
  • Unit 1 - Square Footage Available:
  • 625
  • Unit 2 - Square Footage Available:
  • 750
  • Unit 3 - Square Footage Available:
  • 750
  • Unit 4 - Square Footage Available:
  • 625
  • Unit1 Bedrooms:
  • 1
  • Unit1 Full Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 2
  • Unit2 Full Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 2
  • Unit3 Full Bathrooms:
  • 1
  • Unit4 Bedrooms:
  • 1
  • Unit4 Full Bathrooms:
  • 1
  • Year Built:
  • 1958

Land

  • Conforms To Zoning:
  • Rd-30
  • Lot Square Footage:
  • 42480

Money

  • Tenant Pays:
  • Cable, Electric, Gas/Propane
  • Unit 1 Monthly Rent:
  • 950
  • Unit 2 Monthly Rent:
  • 1050
  • Unit 3 Monthly Rent:
  • 1050
  • Unit 4 Monthly Rent:
  • 950

Rooms

  • Kitchen Appliances:
  • Dishwasher, Disposal, Oven Elec B/I, Range Elec F/S, Refrigerator F/S

Structures

  • Parking Description:
  • 1 Space Per Unit
  • Parking Spaces:
  • 24
  • Uncovered Parking Spaces:
  • 24

Systems

  • Cooling System:
  • Window
  • Equipment:
  • Washer/Dryer
  • Heating:
  • Furnace Wall

Source

  • Listing Provided by B. Schlatter of Schlatter (: 00602897)

    SACRA
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