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For Sale Listing Detail

Property Name: 120 Unit Apartment - Recent Upgrades

Listing Status: Active
Property Type: Apartment - * IN CONTRACT *
Address:
6267 Martin L King Blvd.
Sacramento CA 95824

County: Sacramento

Price: $10,200,000
Down Payment:
Sq. Feet: 84,000
No. of Tenants: 120
Occupancy: 97%
Use Type: Apartment
Cap Rate: 6.26
Factors:
  Cash-on-Cash:
  Price/Sq.Ft.:
  Built: 1970

Property Description:

120 units - 108 2/1's, 12 1/1's. Great income with central h/a, pool and laundry room. Major rehab completed including carpets, window/floor coverings, kitchen cabinetry and counter tops, tile, tubs and much more. New roofs, etc. Current owner over 10 years. *** In Contract ***

Location Description:

South Sacramento - Hwy 99 to 47th Avenue - West - right and MLK.

Listing Agent:

Chuck Starks
Ph: 916-206-2485 ~ Fax: 916-424-1395
Email: cstarks@goldcommercial.com

Office Information:

RE/MAX Gold Commercial
Commercial Real Estate
730 Howe Avenue, Suite 400
Sacramento, CA 95825

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.