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2645 Stonecreek Dr
Sacramento, CA 95833

The Creek @ 2645 · Multifamily Property For Sale · 168 Units

PROPERTY FACTS

No. Units 168
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 17.43 AC
Building Size 141,072 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1986/2019
Parking Ratio 0.76/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Satellite TV
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Patio

Site Amenities

  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Property Manager on Site
  • Spa
  • Tennis Court
  • Gated
  • Grill
  • Laundry Service
  • Planned Social Activities
  • Smoke Free
  • Online Services

About 2645 Stonecreek Dr , Sacramento, CA 95833

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in The Creek @ 2645 (the “Property” or “The Creek”), a 168-unit garden-style apartment community located in Sacramento, California – two freeway exits from downtown. Situated in South Natomas, the Property is within a 10 minute drive of 25.9 million square feet of office space and more than 168,000 jobs. The Creek was built in 1986 and over $3.4 million of interior and exterior improvements have been completed since March 2016. Situated on 7.98 acres, the fully amenitized Property has a favorable unit mix of 72 one-bedroom units and 96 two-bedroom units. The clubhouse, leasing office, fitness center, entertainment lounge, sports courts, barbeque area, pool and spa have undergone complete renovation while 76% of unit interiors have been modernized. These improvements are generating a 24.6% rent premium for newly renovated units.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 72 - 692
2+2 96 - 886 - 1,015

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 225-0960-006
  • 225-0960-004
Land Assessment
$8,684,833
Improvements Assessment
$68,513,712
Total Assessment
$77,198,545

zoning

Zoning Code R2B, Sacramento
R2B, Sacramento
  • Listing ID: 13710315

  • Date on Market: 9/6/2018

  • Last Updated:

  • Address: 2645 Stonecreek Dr, Sacramento, CA 95833

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