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Palm Apartments 3911 Watt Ave 11 Unit Apartment Building $2,752,705 CAD ($250,246 CAD/Unit) 5.82% Cap Rate Sacramento, CA 95821
INVESTMENT HIGHLIGHTS
- 11 unit multifamily property in an established Sacramento rental corridor
- Ten of eleven units recently remodeled
- Stabilized asset with minimal deferred maintenance
- 100% occupied with immediate in place cash flow
- Strong unit mix consisting of one bedroom and two bedroom units
EXECUTIVE SUMMARY
eXp Commercial is pleased to present 3911 Watt Avenue, a well maintained multifamily property located in the established Watt Avenue corridor of Sacramento, California. The property consists of 11 apartment units across two stories and is currently 100% occupied, providing immediate and stable in place cash flow in a supply constrained Sacramento submarket.
The asset has benefited from recent interior renovations, with ten of the eleven units remodeled, allowing new ownership to acquire a property that has already undergone significant upgrades while maintaining operational stability. The unit mix is well aligned with local renter demand, supporting consistent occupancy and long term performance.
This offering is ideally suited for investors seeking a stabilized multifamily asset with strong in place income, minimal deferred maintenance, and exposure to one of Sacramento’s established rental corridors.
Please inquire for additional details.
The asset has benefited from recent interior renovations, with ten of the eleven units remodeled, allowing new ownership to acquire a property that has already undergone significant upgrades while maintaining operational stability. The unit mix is well aligned with local renter demand, supporting consistent occupancy and long term performance.
This offering is ideally suited for investors seeking a stabilized multifamily asset with strong in place income, minimal deferred maintenance, and exposure to one of Sacramento’s established rental corridors.
Please inquire for additional details.
PROPERTY FACTS
| Price | $2,752,705 CAD | Building Class | C |
| Price Per Unit | $250,246 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 6,845 SF |
| Cap Rate | 5.82% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.75/1,000 SF |
| Apartment Style | Low-Rise | Cross Streets | Auburn Blvd |
| Zoning | SPA - Special Planning Area | ||
| Price | $2,752,705 CAD |
| Price Per Unit | $250,246 CAD |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 6,845 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.75/1,000 SF |
| Cross Streets | Auburn Blvd |
| Zoning | SPA - Special Planning Area |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 254-0280-032 | Improvements Assessment | $2,310,051 CAD |
| Land Assessment | $321,652 CAD | Total Assessment | $2,631,703 CAD |
PROPERTY TAXES
Parcel Number
254-0280-032
Land Assessment
$321,652 CAD
Improvements Assessment
$2,310,051 CAD
Total Assessment
$2,631,703 CAD
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Palm Apartments | 3911 Watt Ave
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