Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

The Bungalows 2091 W La Loma Dr

40 Unit Apartment Building For Sale Rancho Cordova, CA 95670

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Attractive In-Place Assumable Loan
Huge Operational Upside
Extensive Exterior Renovations Completed in 2020

Desirable Unit Mix
All Single Story 2-Bedroom Bungalows
ACE-Bart Connection with Extension to Sacramento

Executive Summary

The Mogharebi Group is pleased to present the opportunity to acquire The Bungalows, a 40-unit multifamily community located at 2091 & 2101 West La Loma Drive in the Sacramento suburb of Rancho Cordova, California. Constructed in 1978 and situated on a 2.0-acre site, The Bungalows is comprised of all highly desirable two-bedroom / one-bathroom single-story, cottage style floorplans averaging 670 square feet. The grounds are well-maintained and landscaped and the property features community amenities including laundry facilities and outdoor grills. The Bungalows currently has a 10.8% loss-to-lease and presents an investor with the ability to realize immediate rental upside by bringing rents to market.

Property Facts

Sale Type	Investment	Building Size	27,144 SF
No. Units	40	Average Occupancy	77%
Property Type	Multifamily	No. Stories	1
Property Subtype	Apartment	Year Built/Renovated	1978/2020
Apartment Style	Garden	Parking Ratio	1.62/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	2.00 AC

Sale Type	Investment
No. Units	40
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	2.00 AC
Building Size	27,144 SF
Average Occupancy	77%
No. Stories	1
Year Built/Renovated	1978/2020
Parking Ratio	1.62/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.