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1685 Glenrose Ave 3 Unit Apartment Building $989,595 CAD ($329,865 CAD/Unit) 5.94% Cap Rate Sacramento, CA 95815
Investment Highlights
- 3 Large 2 Bedroom, 1 Bath Units
- 2 Vacant so Buyer Can Establish Rents
- Washer and Dryer Hookups in Each Units
Executive Summary
3 Units, All 2 Bedroom, 1 Bath. Washer and Dryer Hookup in each unit. 2 Units Vacant so Buyer can establish rents. Below- Market Rents.
Off-Street Parking. Low-Maintenance Grounds. Seller will credit for repairs. Make Offer Subject to Inspection.
Off-Street Parking. Low-Maintenance Grounds. Seller will credit for repairs. Make Offer Subject to Inspection.
Property Facts
| Price | $989,595 CAD | Building Class | C |
| Price Per Unit | $329,865 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 5.94% | Average Occupancy | 33% |
| Gross Rent Multiplier | 12.84 | No. Stories | 2 |
| No. Units | 3 | Year Built | 1959 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | R-2A | ||
| Price | $989,595 CAD |
| Price Per Unit | $329,865 CAD |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| Gross Rent Multiplier | 12.84 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built | 1959 |
| Opportunity Zone |
Yes |
| Zoning | R-2A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,982 CAD | 800 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 266-0271-004 | Improvements Assessment | $410,767 CAD |
| Land Assessment | $96,648 CAD | Total Assessment | $507,415 CAD |
Property Taxes
Parcel Number
266-0271-004
Land Assessment
$96,648 CAD
Improvements Assessment
$410,767 CAD
Total Assessment
$507,415 CAD
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1685 Glenrose Ave
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