Share This Listing

Message

929 characters remaining

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

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Sutterville Apartments 2226-2230 Sutterville Rd 15 Unit Apartment Building $3,348,480 CAD ($223,232 CAD/Unit) 5.63% Cap Rate Sacramento, CA 95822

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Current Rents Well Below Market, Allowing A New Owner to Realize Substantial Upside Through Hands-On Management.
  • Fantastic Location: Land Park Adjacent and Directly Across Sacramento City College.
  • Well Maintained, Pride of Ownership Asset.
  • 6.93% Pro Forma Cash-On-Cash With Defendable Rent Projections.
  • Immediate Access to Crocker Village, a 72-acre Mixed-Use (Retail + Residential) Urban Infill Development.

EXECUTIVE SUMMARY

ALIVE Commercial Real Estate is pleased to present Sutterville Apartments, a well-maintained 15-unit multifamily investment offering exceptional value-add potential in
an irreplaceable Sacramento location. The property features an attractive unit mix of (5) studios, (9) one-bedroom/one-bath units, and (1) two-bedroom/one-bath unit—a
combination consistently in high demand among renters and supportive of minimal vacancy. With rents currently below market, a new owner has the opportunity to realize
significant income upside through modest operational and management improvements, without the need for major capital expenditures. Upon stabilization, the property
is projected to deliver north of a 7% cash-on-cash return, making Sutterville Apartments a compelling investment in one of Sacramento’s most desirable infill corridors.
Sacramento’s housing pipeline has slowed considerably, with projected inventory growth of just 1.1% in 2025, even as employment gains and new household formation
continue to accelerate. Sutterville Apartments offers investors the opportunity to acquire a well-maintained asset at a meaningful discount to replacement cost, precisely
as interest rates begin to decline. Favorable market dynamics are creating positive leverage scenarios, where available financing supports cash-on-cash returns well above
recent historical levels.

PROPERTY FACTS

Price $3,348,480 CAD
Price Per Unit $223,232 CAD
Sale Type Investment
Cap Rate 5.63%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 8,044 SF
No. Stories 2
Year Built 1939
Parking Ratio 1.86/1,000 SF
Cross Streets 22nd St
Zoning C4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • Courtyard
  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 - 475
1+1 9 - 550
2+1 1 - 725
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 018-0021-008
  • 018-0021-007
Land Assessment
$613,564 CAD
Improvements Assessment
$2,377,578 CAD
Total Assessment
$2,991,142 CAD
  • Listing ID: 38225920

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: 2226-2230 Sutterville Rd, Sacramento, CA 95822

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}