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Ethan Townhomes

Sacramento, CA



ARA Newmark, as the exclusive listing agent, is pleased to present

ETHAN TOWNHOMES

a 17-unit value-add opportunity in Sacramento, CA.

SHOWINGS SCHEDULED - CALL AGENT FOR DETAILS.

Click here to access the Offering Memorandum.

 

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.

INVESTMENT HIGHLIGHTS

  • 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

 

Click here to access the Offering Memorandum.



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