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2408 Empress St
Sacramento, CA 95815
Empress Apartments · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Value Add Oportunity with upside in rental income
- Four Units Recently Updated
- Roof Recently Replaces
Executive Summary
2408 Empress St. is a 10-unit multifamily community located in Old North
Sacramento. The subject property is situated on 0.15 acre lot with 5430 rentable
square feet.
Property Highlights
Value-add opportunity with upside in rental income
Close Proximity to Downtown Sacramento
Sacramento. The subject property is situated on 0.15 acre lot with 5430 rentable
square feet.
Property Highlights
Value-add opportunity with upside in rental income
Close Proximity to Downtown Sacramento
Property Facts Under Contract
| Price Per Unit | $168,803 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 8.05% | Building Size | 5,430 SF |
| Gross Rent Multiplier | 8.53 | No. Stories | 2 |
| No. Units | 10 | Year Built | 1961 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R1, Sacramento | ||
| Price Per Unit | $168,803 CAD |
| Sale Type | Investment |
| Cap Rate | 8.05% |
| Gross Rent Multiplier | 8.53 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,430 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R1, Sacramento |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 543 |
Property Taxes
| Parcel Number | 277-0011-018 | Improvements Assessment | $972,099 CAD |
| Land Assessment | $313,577 CAD | Total Assessment | $1,285,676 CAD |
Property Taxes
Parcel Number
277-0011-018
Land Assessment
$313,577 CAD
Improvements Assessment
$972,099 CAD
Total Assessment
$1,285,676 CAD
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