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1317-1321 G St

4 Unit Apartment Building $2,075,000 ($518,750/Unit) 4.08% Cap Rate Sacramento, CA 95814

INVESTMENT HIGHLIGHTS

  • Trophy Asset in the Heart of Downtown Sacramento
  • Beautifully Built 2014 Construction Located On the South End of Mansion Flats Neighborhood
  • Luxury Finishes, Ample Living Space, Fully Equipped Kitchens and Designated Parking

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the sale of 1321 G Street, a beautifully 2014 constructed property in the neighborhood of Mansion Flats. Each unit is comprised of fully equipped kitchens, high-end finishes, ample living space, and designated parking spaces. The property offers one (1) studio, two (2) one bedroom/one and a half bathrooms, and one (1) three-bedroom/two-bathroom units. The property also contains an outdoor BBQ area available to residents. Additionally, the property is securely gated for resident privacy. The newly constructed property is easily accessible to the most notable Sacramento destinations such as Old Tow Sacramento, Golden One Center, and California State Capitol.
Sacramento is home to the State Capitol, making the State the area's largest employer. Universities such as Sacramento State and UC Davis foster an educated workforce that draws new companies and people to the market. The city of Sacramento alone has the biggest population in the area at approximately 525,000 residents and the region offers a tremendous number of recreational activities with many sports teams calling Sacramento home. Also, Sacramento is just a short distance from Lake Tahoe and Napa Valley. Those looking for a better quality of life and the freedom to enjoy the outdoors will find it in this city, thus demonstrating a strong demand for rental housing.
Please do not disturb tenants. All tours must be scheduled with listing agent.

PROPERTY FACTS

Price $2,075,000
Price Per Unit $518,750
Sale Type Investment
Cap Rate 4.08%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 6,275 SF
Average Occupancy 100%
No. Stories 2
Year Built 2014
Parking Ratio 0.89/1,000 SF
Opportunity Zone Yes

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Security System
  • Tile Floors
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Wi-Fi
  • Double Pane Windows
  • Family Room
  • Pantry
  • Porch
  • Smoke Free
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Fenced Lot
  • Gated
  • Furnished Units Available
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ZONING

Zoning Code R-3A
R-3A
  • Listing ID: 28453471

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 1317-1321 G St, Sacramento, CA 95814

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