Listed by Baniqued Commercial Real Estate
$2,500,000
714 - 728 Darina Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 10,382
Units 20
Cap Rate 6.25%
NOI $156,279
Pro-Forma Cap Rate 6.68%
Pro-Forma NOI $166,968
Price per SqFt $241
Class C
Year Built 1961
Lot Size (SqFt) 12,719
Spacious 1 Bed, 1 Bath Apartments for Rent (20 Units). Freshly painted, Convenient parking available
Marketing description
This apartment complex has 20 spacious 1-bedroom, 1-bathroom units and is perfect for those seeking a comfortable and convenient living space. The apartment has been freshly painted, giving it a clean and inviting atmosphere. The bedroom is generously sized, providing ample space for relaxation and rest. The living room is also spacious, offering a versatile area for entertaining or simply unwinding after a long day. The apartment comes with appliances included. Parking is available for residents, ensuring convenience and ease of access.
Close to Highway 160 and I-80 in North Old Sacramento, This apartment complex is situated close to a supermarket, making grocery shopping a breeze.
Investment highlights
- Close to shopping
- Nearby restaurants
- Close to highways
Listing Contacts
Listed by Baniqued Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,279.00
$13,023.25/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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