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Lily Street Apartments 3728-3732 Lily St 14 Unit Apartment Building $2,685,755 CAD ($191,840 CAD/Unit) 5.38% Cap Rate Sacramento, CA 95838
EXECUTIVE SUMMARY
The unit mix consists of eight (8) studios, four (4) one bedrooms, and two (2) two bedroom units with wall heat/air.
Tenants in the north and south buildings enjoy a private patio that adds an additional feature to these units.
All units are metered separately for gas and electric with the owner paying sewer, water, garbage, gas for water heaters, and common area lighting which is standard for most apartment groups in this region.
Tenants in the north and south buildings enjoy a private patio that adds an additional feature to these units.
All units are metered separately for gas and electric with the owner paying sewer, water, garbage, gas for water heaters, and common area lighting which is standard for most apartment groups in this region.
PROPERTY FACTS Under Contract
| Price | $2,685,755 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $191,840 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 5.38% | Building Size | 8,500 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Zoning | R1, Sacramento - Apartments | ||
| Price | $2,685,755 CAD |
| Price Per Unit | $191,840 CAD |
| Sale Type | Investment |
| Cap Rate | 5.38% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 8,500 SF |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | R1, Sacramento - Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $1,116 CAD | 550 |
| 1+1 | 4 | $1,205 CAD | 700 |
| 2+1 | 2 | $1,980 CAD | 850 |
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PROPERTY TAXES
| Parcel Number | 252-0122-025 | Improvements Assessment | $898,456 CAD |
| Land Assessment | $278,207 CAD | Total Assessment | $1,176,664 CAD |
PROPERTY TAXES
Parcel Number
252-0122-025
Land Assessment
$278,207 CAD
Improvements Assessment
$898,456 CAD
Total Assessment
$1,176,664 CAD
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Lily Street Apartments | 3728-3732 Lily St
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