Garden Plaza Apartments 2251 Watt Ave

ALIVE Commercial Real Estate is pleased to present Garden Plaza Apartments, a 144-unit apartment community ideally located in Arden-Arcade, one of Sacramento’s strongest retail and employment hubs. Built in 1974, Garden Plaza comprises a single three-story building on 2.91 acres, featuring four laundry rooms, a leasing office, a swimming pool, ample parking, and secure gated access with key fob entry. This value-add investment offers substantial potential for enhancing community amenities, with space available for BBQ areas, cabanas, a pet park, and other recreational features. Garden Plaza consists entirely of one-bedroom, one-bathroom units, meeting the high demand among workforce residents seeking affordable, conveniently located housing. The property has maintained historically low vacancy rates, benefiting from strong demand for smaller, more affordable units—a trend demonstrated by recent leasing performance in the area, where studios and one-bedrooms are increasingly favored over larger, costlier layouts. The next owner will acquire a well-located, value-add asset with a stable operational history and multiple avenues for income growth and value creation over the long term.