1721 U St 6 Unit Apartment Building $1,399,000 ($233,167/Unit) 5.08% Cap Rate Sacramento, CA 95818
INVESTMENT HIGHLIGHTS
- Rare 6 Unit Investment Opportunity
- All Units Currently Occupied
- New Roof 2020
- Tons of Potential
- Highly Desirable Midtown Neighborhood
- Off Street Parking Options
EXECUTIVE SUMMARY
Introducing 1721 U St, Sacramento 95818 - A Rare 6-Unit Investment Gem! Located in the sought-after Midtown neighborhood, minutes away from Sacramento's vibrant city life, this 6-unit property offers both immediate returns and future potential. Recently updated with newer roofs in 2020. The unit mix is exceptional, featuring three 2-bedroom units and three 1-bedroom units, providing a unique advantage over properties dominated by studios and 1-bedrooms. The strategic location ensures proximity to hip restaurants, entertainment venues, and cultural hotspots like the Safe Credit Union Performing Arts Center, DOCO, Golden One Center. Security is a priority with a wrought iron gate at the back, and four designated off-street parking spaces add convenience. Whether you're a seasoned investor or looking to make your mark, 1721 U St is a golden opportunity in the heart of Sacramento. Act now and seize this exceptional property before it's gone! All units are currently occupied. Please do not disturb tenants.
PROPERTY FACTS
| Price | $1,399,000 |
| Price Per Unit | $233,167 |
| Sale Type | Investment |
| Cap Rate | 5.08% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,336 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.92/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Tile Floors
- Kitchen
- Carpet
- Breakfast Nook
- Dining Room
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,179 | 975 - 1,350 |
| 2+1 | 3 | $1,443 | 1,000 - 1,795 |
1 of 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 009-0155-017 | Improvements Assessment | $957,168 |
| Land Assessment | $405,756 | Total Assessment | $1,362,924 |
ZONING
| Zoning Code | R-1B (R-1B Apt-Under 100 Units) |
