Log In/Sign Up
Your email has been sent.
3000 T St 10 Unit Apartment Building $4,385,704 CAD ($438,570 CAD/Unit) 5.25% Cap Rate Sacramento, CA 95816
Investment Highlights
- Newly completed adaptive reuse conversion delivering 10 multifamily units in Sacramento’s urban core
- Low-maintenance asset following extensive retrofitting and modernization of major building systems
- Walkable, bike-friendly location with convenient connectivity to Downtown Sacramento, Highway 50, and regional transportation corridors
- 100% occupied with lease-up completed following recent conversion
- Desirable unit mix of studio, one, and two bedroom units designed to appeal to a broad tenant base seeking Midtown/East Sacramento living
- Located near major employment, retail, dining, and transportation amenities
Executive Summary
Newly completed office-to-resi conversion consisting of 10 fully occupied residential units located between Midtown and East Sacramento. The property is being offered at a 5.25% cap rate based on actual income, providing investors with a stabilized cash flow asset. As part of the conversion, the property underwent substantial retrofitting and modernization of major building systems, including MEP infrastructure and roof improvements, to accommodate multifamily use and current operational demands. The result is a newly repositioned, low-maintenance asset with limited anticipated near-term capital requirements.
The property was recently separated through a lot split from an adjacent parcel located directly north of the subject property, which is currently advancing through the entitlement process for a proposed 28-unit affordable housing development. The future development is expected to further enhance the immediate area through additional residential density, investment, and neighborhood activation while maintaining the subject property’s positioning within a growing urban infill corridor.
The asset is strategically located with convenient access to Downtown Sacramento, Highway 50, Business 80, and major employment centers, including UC Davis Health, Sutter Health, Kaiser Permanente Sacramento Medical Center, and the State of California.
The property was recently separated through a lot split from an adjacent parcel located directly north of the subject property, which is currently advancing through the entitlement process for a proposed 28-unit affordable housing development. The future development is expected to further enhance the immediate area through additional residential density, investment, and neighborhood activation while maintaining the subject property’s positioning within a growing urban infill corridor.
The asset is strategically located with convenient access to Downtown Sacramento, Highway 50, Business 80, and major employment centers, including UC Davis Health, Sutter Health, Kaiser Permanente Sacramento Medical Center, and the State of California.
Property Facts
| Price | $4,385,704 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $438,570 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.25% | Building Size | 7,896 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | RO-SPD | ||
| Price | $4,385,704 CAD |
| Price Per Unit | $438,570 CAD |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 7,896 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | RO-SPD |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Double Pane Windows
- Patio
- Skylights
- Wheelchair Accessible (Rooms)
- Quartz Countertops
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Multi Use Room
- Key Fob Entry
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $2,327 CAD | 475 - 664 |
| 1+1 | 2 | $2,987 CAD | 720 - 756 |
| 2+1 | 1 | $3,188 CAD | 783 |
| 2+2 | 1 | $3,542 CAD | 1,001 |
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010-0131-025 | Improvements Assessment | $241,463 CAD |
| Land Assessment | $1,241,811 CAD | Total Assessment | $1,483,274 CAD |
Property Taxes
Parcel Number
010-0131-025
Land Assessment
$1,241,811 CAD
Improvements Assessment
$241,463 CAD
Total Assessment
$1,483,274 CAD
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3000 T St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.