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31401802
31401824

3 Locations

RC
CA 01475046
1st Choice Realty & Associates
Listed by 1st Choice Realty & Associates
$1,160,000
76 days on market
Updated 2 days ago

3 units 1031 exchange -2 & 6 Topam Ct. & 1810 Bandon

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 3
Cap Rate 7.34%
NOI $85,200
Occupancy 100%
Tenancy Vacant
Pro-Forma Cap Rate 4.96%
Pro-Forma NOI $57,481
Broker Co-Op Yes
Class B
Year Built 1981
Year Renovated 2025
Buildings 3
Stories 1
Acreage 0.07 - 0.25
Zoning sfr
Parking Spaces 2 per unit
Investment Type Owner/User
Ownership Buy and Hold
Sale Condition 1031 exchange

3 Halfplex Units

Marketing description

Three potential income-producing halfplex units on the same block offering a strong, turnkey investment opportunity in a high-demand Sacramento rental corridor. Ideally positioned just minutes from Downtown Sacramento and Sacramento International Airport, this portfolio benefits from consistent tenant demand driven by employment centers, travel access, and entertainment hubs.

Each unit has been recently updated with new interior paint, durable flooring, and modernized bathroom vanities, reducing near-term capital expenses and supporting market rents. The functional, open layouts attract a broad tenant base and promote long-term occupancy.

Tenants benefit from proximity to Golden 1 Center, riverfront bike trails, parks, shopping, and public transportation, all of which enhance rental appeal and retention.

Offered as a bundled sale including 2 & 6 Topam and 1810 Bandon, this is a strategic acquisition for investors seeking scale, operational efficiency, and potential 1031 exchange placement. A clean, well-located asset package with upside through rent optimization and portfolio expansion.

This package offers a practical investment for those seeking dependable cash flow in an established Sacramento market. Suitable as a long-term hold or a value-add opportunity, this asset combines location, rental strength, and ease of management in a proven rental corridor.

Investment highlights

Each unit is a two bedroom with a large yard and a single car garage great cash flow flowing area five minutes to downtown Sacramento and 10 minutes to the Sacramento International Airport.

Rental data supports the income potential. According to the Rentometer report, nearby 2-bedroom units within a 1.5-mile radius are achieving average rents of approximately $2,196 per month, with a median of $2,219 and upper quartile reaching $2,536. Additional comparable rentals in the immediate area further confirm stable demand from both single-family and multifamily tenants.

Listing Contacts

RC
CA 01475046
1st Choice Realty & Associates
Listed by 1st Choice Realty & Associates

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,200.00
$7,100.00/mo

Valuation Metrics

0
DSCR
7.34%
Cap Rate
7.34%
ROI

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Additional Information

Name
Ruth Carter
License
01475046
Brokerage Phone
9166475660
Brokerage Address
7921 Kingswood Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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