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3060 Laurelhurst Dr
Rancho Cordova, CA 95670
Cobblestone Apartments · Multifamily Property For Sale
·
96 Units
Executive Summary
Cobblestone Apartments is a well-located multifamily community offering investors a clear and achievable path to revenue growth driven by below-market in-place rents, a high percentage of renovated units that are not yet achieving rent premiums, and operational improvement opportunities. Approximately 91 units have already been renovated, allowing a new owner to capture upside. The property’s balanced unit mix supports consistent rent demand, while the implementation of a formal RUBS program provides an additional avenue for NOI growth
Cobblestone Apartments offers residents a comfortable and functional living environment supported by well-designed unit layouts and practical community amenities. Units feature well equipped kitchens, durable finishes, and efficient floor plans. The community is enhanced by landscaped common areas, walkways, and shared amenities that support everyday convenience and resident comfort. Cobblestone Apartments benefits from its positioning within an established Rancho Cordova neighborhood, contributing to sustained rental appeal and long-term demand.
Cobblestone Apartments offers residents a comfortable and functional living environment supported by well-designed unit layouts and practical community amenities. Units feature well equipped kitchens, durable finishes, and efficient floor plans. The community is enhanced by landscaped common areas, walkways, and shared amenities that support everyday convenience and resident comfort. Cobblestone Apartments benefits from its positioning within an established Rancho Cordova neighborhood, contributing to sustained rental appeal and long-term demand.
Property Facts
| Sale Type | Investment | Lot Size | 3.99 AC |
| No. Units | 96 | Building Size | 96,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Zoning | RD20 - RD20 | ||
| Sale Type | Investment |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.99 AC |
| Building Size | 96,000 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | RD20 - RD20 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Range
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Gated
- Maintenance on site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 384 |
| 1+1 | 42 | - | 604 |
| 2+1 | 46 | - | 824 |
Property Taxes
| Parcel Number | 077-0210-020 | Improvements Assessment | $8,039,723 CAD |
| Land Assessment | $3,127,012 CAD | Total Assessment | $11,166,735 CAD |
Property Taxes
Parcel Number
077-0210-020
Land Assessment
$3,127,012 CAD
Improvements Assessment
$8,039,723 CAD
Total Assessment
$11,166,735 CAD
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