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Ethan Park Place

Sacramento, CA



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

ETHAN PARK PLACE

a 22-unit value-add opportunity in Sacramento, CA.

SHOWINGS SCHEDULED - CALL AGENT FOR DETAILS.

Click here to access the Offering Memorandum.

 

OFFERED AT $1,550,000

This equates to a current 4.9% Cap & 9.1 GRM and 6.4% market Cap & 7.9 market GRM.

INVESTMENT HIGHLIGHTS

  • Repositioning Opportunity
    • Current Rents are Below Market Rate
  • Excellent Unit Mix
    • Fifteen 1 Bedroom x 1 Bathroom Units
    • Seven 2 Bedroom x 1 Bathroom Units
    • Average Unit Size of  682 SF (assumed from tax records)
  • 30+ 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.

 

Click here to access a debt quote for financing options.



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