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15 Coral Gables 15 Coral Gables Ct 4 Unit Apartment Building $1,106,719 CAD ($276,680 CAD/Unit) 6.38% Cap Rate Sacramento, CA 95822
Investment Highlights
- All Large 2 Bedroom, 2 Bath Units
- Separate Hot Water Heaters and Metering.
- Washers and Dryers in Each Unit - Seller Owned
Executive Summary
Rare - 4 Large - 2 Bedroom, 2 Bath Units in South Sacramento. Extra Bath could make hundreds $$$ more per month. Pro Forma Income at $7600 per month (at market). Separate hot water heaters and metering. W/D Hookups. Off-Street Parking. Long-term tenants. Low-Maintenance Grounds. Built in 1986. Drive By and Make Offer Subject to Inspection. 1 unit vacant and available to be shown.
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Property Facts
| Price | $1,106,719 CAD | Building Class | C |
| Price Per Unit | $276,680 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,620 SF |
| Cap Rate | 6.38% | Average Occupancy | 75% |
| Gross Rent Multiplier | 11.06 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1986 |
| Property Type | Multifamily | Parking Ratio | 1.1/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Meadowview |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-3 - Multifamily-Residential Zoning | ||
| Price | $1,106,719 CAD |
| Price Per Unit | $276,680 CAD |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| Gross Rent Multiplier | 11.06 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,620 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.1/1,000 SF |
| Cross Streets | Meadowview |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Multifamily-Residential Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 800 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 049-0250-021 | Improvements Assessment | $399,789 CAD |
| Land Assessment | $198,694 CAD | Total Assessment | $598,483 CAD |
Property Taxes
Parcel Number
049-0250-021
Land Assessment
$198,694 CAD
Improvements Assessment
$399,789 CAD
Total Assessment
$598,483 CAD
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15 Coral Gables | 15 Coral Gables Ct
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