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1330 N St
Sacramento, CA 95814
Cypress Apartments · Multifamily Property For Sale
·
98 Units
INVESTMENT HIGHLIGHTS
- 98-unit luxury mixed-use multifamily asset located in Sacramento’s urban core
- Newly constructed, institutional-quality development with a barrier-to-entry location and no future competitive supply
- Amenity package includes rooftop deck with built-in gas BBQs, pool, fitness center, resident lounge, and secure structured parking
- Irreplaceable park-front setting with unobstructed views of California’s State Capitol grounds
- High-end unit finishes and modern layouts supported by resort-style resident amenities
- Ground-floor retail component enhances income diversification and long-term asset value
EXECUTIVE SUMMARY
Listing Site + Confidentiality Agreement to Access Offering Memorandum:
https://my.rcm1.com/handler/modern.aspx?pv=A7oiKrE9gxN5ZH7slzGhmrv4a-SLgssoHhsOeKTo4JH8TgKlp7C3dQksq5YKTe_0#_top
Turton Commercial Real Estate is pleased to present Cypress—a premier 98 unit mixed-use development overlooking Sacramento’s Capitol Park, which is the most distinguished urban residential project in the Sacramento region.
Located at 1330 N Street, Cypress (the “Property”) is a 121,805 RSF mixed-use multi-family residential project featuring 98 luxury apartment units, 1,975 SF of retail and 66 structured and secure parking stalls in the heart of Sacramento’s Capitol District. The Property also features an elegant rooftop deck with built-in gas barbeque overlooking Capitol Park along with a relaxing recreational center with a 24,000-gallon pool and workout area.
Delivered in September 2025, Cypress represents a rare opportunity to acquire a newly constructed, luxury mixed-use asset in Sacramento’s most prestigious location. Leasing momentum has been strong, with 50% of residences already leased at pro-forma rents and full stabilization projected. As the only park-front multifamily asset in Downtown Sacramento, Cypress combines institutional quality with boutique exclusivity—offering investors a timeless asset poised to deliver durable performance and long-term value appreciation in California’s growing capital city. The property is being offered at $61,000,000, representing a 5% capitalization rate on proforma stabilized year 1 net operating income of approximately $3,050,000.
https://my.rcm1.com/handler/modern.aspx?pv=A7oiKrE9gxN5ZH7slzGhmrv4a-SLgssoHhsOeKTo4JH8TgKlp7C3dQksq5YKTe_0#_top
Turton Commercial Real Estate is pleased to present Cypress—a premier 98 unit mixed-use development overlooking Sacramento’s Capitol Park, which is the most distinguished urban residential project in the Sacramento region.
Located at 1330 N Street, Cypress (the “Property”) is a 121,805 RSF mixed-use multi-family residential project featuring 98 luxury apartment units, 1,975 SF of retail and 66 structured and secure parking stalls in the heart of Sacramento’s Capitol District. The Property also features an elegant rooftop deck with built-in gas barbeque overlooking Capitol Park along with a relaxing recreational center with a 24,000-gallon pool and workout area.
Delivered in September 2025, Cypress represents a rare opportunity to acquire a newly constructed, luxury mixed-use asset in Sacramento’s most prestigious location. Leasing momentum has been strong, with 50% of residences already leased at pro-forma rents and full stabilization projected. As the only park-front multifamily asset in Downtown Sacramento, Cypress combines institutional quality with boutique exclusivity—offering investors a timeless asset poised to deliver durable performance and long-term value appreciation in California’s growing capital city. The property is being offered at $61,000,000, representing a 5% capitalization rate on proforma stabilized year 1 net operating income of approximately $3,050,000.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Patio
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fitness Center
- Picnic Area
- Pool
- Grill
- On-Site Retail
- Package Service
- Lounge
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 17 | - | 522 - 800 |
| 1+1 | 39 | - | 635 - 935 |
| 2+1 | 12 | - | 975 - 1,008 |
| 2+2 | 29 | - | 1,048 - 2,454 |
| 3+3 | 1 | - | 2,234 |
PROPERTY TAXES
| Parcel Number | 006-0223-021 | Improvements Assessment | $30,556,900 CAD |
| Land Assessment | $3,468,153 CAD | Total Assessment | $34,025,052 CAD |
PROPERTY TAXES
Parcel Number
006-0223-021
Land Assessment
$3,468,153 CAD
Improvements Assessment
$30,556,900 CAD
Total Assessment
$34,025,052 CAD
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