5340 Brace Rd | Loomis, CA 95650
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- LoopNet Team
5340 Brace Rd
Loomis, CA 95650
Sierra Meadows · Multifamily Property For Sale · 28 Units
INVESTMENT HIGHLIGHTS
- One-of-a-Kind Opportunity to Own 28 Units in Prestigious Loomis, CA
- Positioned Adjacent to a Proposed Major Development at the Bourgeoning Intersection of Sierra College Boulevard and Interstate 80
- Tremendous Unit Mix with Over 15-Percent Loss-to-Lease Upside
PROPERTY FACTS
| No. Units | 28 | Building Size | 23,240 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 1.20 AC |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 23,240 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.14/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 28 | $1,350 | 900 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,705,290 | |
| Land Assessment | $750,000 | Total Assessment | $7,455,290 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$750,000
Improvements Assessment
$6,705,290
Total Assessment
$7,455,290
ZONING
| Zoning Code | R, Loomis |
| R, Loomis |
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