Vantage Apartments | 2051-2081 W La Loma Dr
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Vantage Apartments 2051-2081 W La Loma Dr
140 Unit Apartment Building For Sale Rancho Cordova, CA 95670
Investment Highlights
- Majority Two-Bedroom Units with Washer / Dryer Hook-Ups
- *Highly Amenitized
- *Outstanding Access to Area Freeways
- *Major Exterior Renovations Completed in 2020
- *Multiple Entertainment Venues
- *Ace-Bart Connection with Extension to Sacramento
Executive Summary
The Mogharebi Group is pleased to present the opportunity to acquire Vantage Apartments, a 140- unit multifamily community located at 2051-2081 West La Loma Drive in the Sacramento suburb of Rancho Cordova, California. Constructed in 1972 and situated on a 3.28-acre site, Vantage Apartments is comprised of an attractive mix of one-, two-, and three-bedroom floorplans totaling 108,152 rentable square feet. A majority of units (94%) are highly desirable two-bedroom / one-bathroom floorplans offering washer/dryer hook-ups. The grounds are well-maintained and landscaped and the property features community amenities including a business center, swimming pool, resident clubhouse, community tables, outdoor grills, leasing office, and children’s playground. Vantage Apartments presents a new owner with the ability to assume a low 3.10% interest rate loan, an attractive option in this high interest rate environment
Property Facts
| Sale Type | Investment | Lot Size | 5.48 AC |
| No. Units | 140 | Building Size | 107,655 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1972/2001 |
| Apartment Style | Garden | Parking Ratio | 1.65/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.48 AC |
| Building Size | 107,655 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2001 |
| Parking Ratio | 1.65/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
- Window Coverings
Site Amenities
- Controlled Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Package Service
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 640 |
| 2+1 | 132 | - | 777 |
| 3+1 | 2 | - | 874 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $23,410,248 | |
| Land Assessment | $3,119,951 | Total Assessment | $26,530,199 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,119,951
Improvements Assessment
$23,410,248
Total Assessment
$26,530,199
zoning
| Zoning Code | RD30, Rancho Cordova |
| RD30, Rancho Cordova |
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Otto Ozen -
Nazli Santana -
Brian Nakamura -
The Mogharebi Group
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Vantage Apartments | 2051-2081 W La Loma Dr
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