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Summerset Square 6267 Martin Luther King Jr Blvd 120 Unit Apartment Building For Sale Sacramento, CA 95824
Investment Highlights
- Value add asset with demonstrated rent acceptance despite deferred maintenance, Summerset Apartments continues to achieve competitive rents
- The property serves a core workforce housing demographic
- The bankruptcy disposition offers a rare opportunity to acquire at a discounted basis
- The community benefits from proximity to major employment corridors, Highway 99, public transit options, and dense neighborhood serving retail
Executive Summary
This is a Chapter 11 Trustee sale and will follow the Bankruptcy process. The Bankruptcy Court will need to approve the final sale.
Price is to be determined by the market.
Price is to be determined by the market.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Linen Closet
- Patio
- Vinyl Flooring
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
- Gated
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $1,782 CAD | 640 |
| 2+1 | 108 | $2,330 CAD | 740 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,100,493 CAD | |
| Land Assessment | $2,153,702 CAD | Total Assessment | $12,254,196 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,153,702 CAD
Improvements Assessment
$10,100,493 CAD
Total Assessment
$12,254,196 CAD
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Summerset Square | 6267 Martin Luther King Jr Blvd
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