ARA Newmark, as the exclusive listing agent, is pleased to present
a 17-unit value-add opportunity in Sacramento, CA.
SHOWINGS SCHEDULED - CALL AGENT FOR DETAILS.
OFFERED AT $1,800,000
This equates to a current 4.7% Cap & 10.7 GRM and 6.8% market Cap & 8.6 market GRM.
- Repositioning Opportunity
- Current Rents are Below Market Rate
- Excellent Unit Mix
- Fifteen 2 Bedroom x 1.5 Bathroom Townhomes
- Two 3 Bedroom x 2.5 Bathroom Townhomes
- Average Unit Size of 874 SF (assumed from tax records)
- Central Heat & Air | Fireplaces
- 28 Parking Spots on Property
- Conveniently Located to the Shops, Restaurants and Entertainment at Arden Fair Mall as well as Commuter Accessways including Business-80, Lincoln Hwy-160 and the Light Rail