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

Share This Listing

Please enter a valid email address.

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

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!

5555 Keoncrest Cor

4 Unit Apartment Building $924,999 ($231,250/Unit) Sacramento, CA 95841

Investment Highlights

  • Excellent condition
  • Ideal family-centric community and neighborhood
  • McEwen Fourplex- building has a preferred layout for tenants
  • Preferred unit mix (2bed/1ba)
  • Room for rent growth

Executive Summary

5555 Keoncrest Circle is a McEwen four-plex located in an ideal family-centric community in North Sacramento. The property includes (4) 2 bedroom, 1 bathroom units, all of which all have been recently updated and are in excellent condition. Current rents are slightly below market rate, allowing an investor to increase rents and cashflow after ownership. All units have private yard spaces. The building has (2) two car garages, allowing each unit to have one private garage space to use. Tenants pay their own gas and electric, with ownership paying water, sewer, garbage. There is a laundry room on site for use for all tenants. This excellent condition McEwen four plex is an ideal investment opportunity for both entry level investors and investors in 1031 exchanges.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $924,999
Price Per Unit $231,250
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.23 AC
Building Size 3,618 SF
Average Occupancy 97%
No. Stories 2
Year Built 1968
Parking Ratio 1.11/1,000 SF

Unit Amenities

  • Balcony
  • Fireplace
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,500 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220-0311-018
Land Assessment
$69,570
Improvements Assessment
$84,347
Total Assessment
$153,917

zoning

Zoning Code RD-30 - HIGH DENSITY MULT (RD-30 - HIGH DENSITY MULTIFAMILY RESIDENTIAL)
RD-30 - HIGH DENSITY MULT (RD-30 - HIGH DENSITY MULTIFAMILY RESIDENTIAL)
  • Listing ID: 34023173

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 5555 Keoncrest Cor, Sacramento, CA 95841

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}