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31094501
30913242

301 D St, West Sacramento, CA 95605

TM
CA 02245229
Colliers - Sacramento, California
MS
CA 01942991
Colliers - Sacramento, California
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California
$11,995,000
84 days on market
Updated 21 days ago

301 D Street

Details
APN 010-483-001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 36,616
Units 40
Cap Rate 5.25%
NOI $629,201
Price per SqFt $328
Year Built 2023
Buildings 1
Acreage 0.370
Zoning C-2

Multifamily | 40 Units | $299,875/unit

Marketing description

Colliers is pleased to present 301 D Street, West Sacramento, CA - A newly constructed 2023 multifamily asset that features modern loft-style and apartment units designed to align with current renter preferences. The building offers controlled access, elevator service, high ceilings, private patios, and a shared roof terrace. Unit interiors are finished with stainless steel appliances, quartz countertops, durable vinyl flooring, central heating and air conditioning, in-unit washers and dryers, and high-speed internet capability, supporting strong tenant appeal, operational efficiency, and long-term durability.

The property is located in the Broderick District of West Sacramento, an established submarket benefiting from ongoing redevelopment, public investment, and infrastructure improvements. The neighborhood offers a balanced mix of residential and commercial uses, proximity to local services, parks, and river access, and a distinct historical identity rooted in the early development of the Sacramento region and the Gold Rush era. Connectivity continues to improve with the modernization of the nearby I Street Bridge, a critical Sacramento River crossing linking West Sacramento directly to downtown Sacramento.

The asset’s central location provides convenient access to major regional demand drivers. River Walk Park is located under half a mile away, while Sutter Health Park, home to the River Cats AAA Minor League team and the Oakland A’s through 2027, is less than one mile from the property. Old Sacramento State Historic Park and DOCO Downtown Commons are approximately one mile away, and the Golden 1 Center is just over one mile from the site, supporting sustained demand from downtown employment, entertainment, and tourism activity.

The Subject property is ideally situated directly across the street from the riverfront, which has recently experienced significant new development activity, and is just a stones throw away from the California State Teachers’ Retirement System (CalSTRS) Building.

Nearby amenities include Raley’s Grocery and Corporate Office, Rite Aid, and a variety of local and national dining options. The property is well positioned for commuters with immediate access to Interstate 80 and Interstate 5, offering efficient access throughout the Sacramento metropolitan area and direct regional throughfares to the Bay Area, South Lake Tahoe, Stockton, and Yuba City.

Investment highlights

  • Newly constructed in 2023 and offered below replacement cost

  • Modern loft style units featuring spacious open layouts, quartz countertops, stainless steel appliances, central heat/air, and in unit washer/dryer

  • Premium community amenities including rooftop terrace & lounge, elevator service, high speed internet access, EV charging stations, & secured parking

  • Controlled access interior hallways and dedicated dog walk / park area

  • Exceptional walkable infill location near Sutter Health Park, Capitol Mall, Downtown Commons, Old Sacramento Waterfront

  • Directly across the street from the headquarters of CalSTRS, placing residents within immediate access to major employment & entertainment

Listing Contacts

TM
CA 02245229
Colliers - Sacramento, California
MS
CA 01942991
Colliers - Sacramento, California
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$629,201.00
$52,433.42/mo

Valuation Metrics

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DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Trevor Meleski
License
02245229
Brokerage
Colliers
Brokerage Phone
5309030959
Title
Associate
Brokerage Address
301 University Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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