Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1535 Arcade Blvd - 1535 Arcade Blvd 3 Unit Apartment Building Offered at $1,230,507 CAD at a 5.18% Cap Rate Sacramento, CA 95815

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Three separate buildings on a large .56 acre parcel
Plans for parcel subdivision

Opportunity to permit and occupy Two additional 1Bd/1Ba units
Recent renovations including new roofs (2021)

Executive Summary

Marcus & Millichap is pleased to present as exclusive listing agent, a fee simple interest in 1535 Arcade Blvd in Sacramento, California. This fully occupied three-unit multifamily property offers an exceptional opportunity to add value to an already cash-flowing asset, with current annual rental income exceeding $84,000.
This property features a large 3-bed, 1-bath main house, a 2-bed, 1-bath secondary house, and a 2-bed, 1-bath cottage. All 3 structures have seen a mix of recent renovations, including flooring, cabinetry, countertops and new roofs. All three roofs were replaced in 2021. Additional revenue can be gained from further development of two non-conforming units.
Positioned in a strong rental market, this asset combines immediate and stable cash flow with the opportunity to add significant value.
Please do not disturb tenants or management.

1535 Arcade Blvd - 3 Units - Sacramento, Ca

Property Facts

Price	$1,230,507 CAD	Apartment Style	Single-Family Home
Price Per Unit	$410,169 CAD	Lot Size	0.56 AC
Sale Type	Investment	Building Size	3,246 SF
Cap Rate	5.18%	No. Stories	2
No. Units	3	Year Built/Renovated	1912/2021
Property Type	Multifamily Multifamily Apartments	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,230,507 CAD
Price Per Unit	$410,169 CAD
Sale Type	Investment
Cap Rate	5.18%
No. Units	3
Property Type	Multifamily Multifamily Apartments
Apartment Style	Single-Family Home
Lot Size	0.56 AC
Building Size	3,246 SF
No. Stories	2
Year Built/Renovated	1912/2021
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.