Log In/Sign Up
Your email has been sent.
2605 Albatross Way 7 Unit Apartment Building $1,679,160 CAD ($239,880 CAD/Unit) 5.69% Cap Rate Sacramento, CA 95815
Investment Highlights
- Near freeway and transportation
- New sub panels
- 100% Occupancy
Executive Summary
7 Unit, 2 bed, 1 baths! Residential Income Producing Property! Excellent opportunity to acquire a well-performing multi-family asset in Sacramento. 2605 Albatross Way features a low-rise apartment community built in 1959, consisting of multiple units on a spacious ~0.29-acre lot. This property is ideal for investors seeking immediate income with upside potential. Currently operating at 100% occupancy, the asset provides solid in-place cash flow with room to increase rents and improve returns. This complex features 7, 2-bedroom, 1-bath layouts, appealing to a broad tenant base and supporting consistent demand in the area.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,679,160 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $239,880 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.69% | Building Size | 4,536 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.23 | No. Stories | 1 |
| No. Units | 7 | Year Built | 1958 |
| Property Type | Multifamily | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-1 | ||
| Price | $1,679,160 CAD |
| Price Per Unit | $239,880 CAD |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11.23 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 4,536 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-1 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | 450 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 266-0323-008 | Total Assessment | $1,575,938 CAD (2025) |
| Land Assessment | $203,816 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,372,121 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
266-0323-008
Land Assessment
$203,816 CAD (2025)
Improvements Assessment
$1,372,121 CAD (2025)
Total Assessment
$1,575,938 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
1 of 61
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2605 Albatross Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.