Arcadia Apartments | 3525 Whitney Ave
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Arcadia Apartments 3525 Whitney Ave
56 Unit Apartment Building $7,700,000 ($137,500/Unit) 5.70% Cap Rate Sacramento, CA 95821
Investment Highlights
- Assumable 3.71% Financing
- Strong In Place Cash Flow with Substantial Income Upside Potential
- Highly Compelling Basis at $137,500/Unit
- Exceptional Connectivity to Local Employers & Lifestyle Amenities
Executive Summary
Berkadia is pleased to exclusively present the opportunity to acquire Arcadia Apartments (“Arcadia”, or the “Property”), a 56-unit rental community with 3.71% assumable financing at the highly attractive basis of $137,500 per unit. Strategically located in Sacramento’s Arden-Arcade submarket and well-maintained by current ownership, Arcadia provides investors immediate positive leverage with the opportunity to capture ±$215 per unit in monthly renovation premiums while benefitting from the ±20% market rent growth projected through 2028.
Property Facts Under Contract
| Price | $7,700,000 | Apartment Style | Garden |
| Price Per Unit | $137,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.37 AC |
| Cap Rate | 5.70% | Building Size | 33,360 SF |
| No. Units | 56 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment |
| Price | $7,700,000 |
| Price Per Unit | $137,500 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.37 AC |
| Building Size | 33,360 SF |
| No. Stories | 2 |
| Year Built | 1958 |
Unit Amenities
- Disposal
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Carpet
- Vinyl Flooring
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 400 |
| 1+1 | 46 | - | 607 |
| 2+1 | 4 | - | 760 |
PROPERTY TAXES
| Parcel Number | 255-0141-033 | Improvements Assessment | $5,613,250 |
| Land Assessment | $1,345,182 | Total Assessment | $6,958,432 |
PROPERTY TAXES
Parcel Number
255-0141-033
Land Assessment
$1,345,182
Improvements Assessment
$5,613,250
Total Assessment
$6,958,432
zoning
| Zoning Code | RD30, Sacramento |
| RD30, Sacramento |
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John Hansen -
Power Broker Scott MacDonald -
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Arcadia Apartments | 3525 Whitney Ave
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