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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



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.
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 | Building Class | C |
| Price Per Unit | $223,232 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 8,044 SF |
| Cap Rate | 5.63% | No. Stories | 2 |
| No. Units | 15 | Year Built | 1939 |
| Property Type | Multifamily | Parking Ratio | 1.86/1,000 SF |
| Property Subtype | Apartment | Cross Streets | 22nd St |
| Apartment Style | Low-Rise | ||
| Zoning | C4 | ||
| 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 |
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,377,578 CAD | |
| Land Assessment | $613,564 CAD | Total Assessment | $2,991,142 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$613,564 CAD
Improvements Assessment
$2,377,578 CAD
Total Assessment
$2,991,142 CAD
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Sutterville Apartments | 2226-2230 Sutterville Rd
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