Great investment opportunity, Stabilized apartment community, Over 5% cap rate, Six of one bedroom units with six parking spaces in the back, One-story building with onsite coin operated laundry and a separate storage room. Some update & new appliances with some units recently. Location at North Sacramento, This well-established neighborhood stands as one of the older communities in the city, with many of its homes dating back to the 1920s. Apartments and homes in this neighborhood are very affordable, so its a great place for renters wanting to remain close to the city. Residents enjoy abundant recreational opportunities and access to the American River by visiting Discovery Park, located adjacent to the neighborhood. The nearby Arden Fair Mall provides shopping opportunities with its many retailers. With a short bus or train ride, residents can easily enjoy the many shops and museums of Downtown Sacramento, located just three miles away.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
