6004-6012 Gloria Dr
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6004-6012 Gloria Dr
12 Unit Apartment Building $3,174,999 ($264,583/Unit) 5.50% Cap Rate Sacramento, CA 95822
Executive Summary
A well kept pride of ownership investment opportunity located in one of the most desirable submarkets in the Sacramento Metropolitan region, 12 units apartment complex consists of 3 buidings - 4 units each. All units are 2 bedrooms/one bath, 850 sqft , some units have porch and or balcony. Some units has been updated throughout the years. The property is minutes from downtown and part of the prestigious Pocket/landpark/Greehaven area with close access to the Sacramentio River. Please DO NOT GO DIRECT OR ACCESS THE PROPERTY WITHOUT PRIOR APPROVAL AND ACCOMPANIED BY LISTING AGENT
Tenants are not aware that the property is listed for sale. Call agent Ramzi Salameh at 9163003435 with any questions. Financials can be sent to you upon request. No low ball offers please. Property has an assumable loan with Chase Bank at 3.0% interest rate. Cap rate is around 5.5% based on new property tax rate. Rents between $1450-$1895 range https://johnturtonphoto.aryeo.com/sites/6012-gloria-dr-sacramento-ca-95822-11907903/branded
Tenants are not aware that the property is listed for sale. Call agent Ramzi Salameh at 9163003435 with any questions. Financials can be sent to you upon request. No low ball offers please. Property has an assumable loan with Chase Bank at 3.0% interest rate. Cap rate is around 5.5% based on new property tax rate. Rents between $1450-$1895 range https://johnturtonphoto.aryeo.com/sites/6012-gloria-dr-sacramento-ca-95822-11907903/branded
Property Facts
| Price | $3,174,999 | Apartment Style | Garden |
| Price Per Unit | $264,583 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.69 AC |
| Cap Rate | 5.50% | Building Size | 10,710 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Price | $3,174,999 |
| Price Per Unit | $264,583 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Sale Conditions | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 10,710 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.25/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
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Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 029-0184-012 | Improvements Assessment | $871,320 |
| Land Assessment | $270,407 | Total Assessment | $1,141,727 |
PROPERTY TAXES
Parcel Number
029-0184-012
Land Assessment
$270,407
Improvements Assessment
$871,320
Total Assessment
$1,141,727
zoning
| Zoning Code | R2A, Sacramento (Residential Multi-Family) |
| R2A, Sacramento (Residential Multi-Family) |
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6004-6012 Gloria Dr
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