Alta Vista Commons Apartments
Multifamily | 76 Units | $157,895/unit
Marketing description
The DeLoney Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Alta Vista Commons Apartments, a well-located multifamily community in the Arden-Arcade submarket of Sacramento, California. Built in 1963 and fully renovated in 2017–2019, the property blends durable construction with modernized interiors and community amenities, including a swimming pool, fitness center, and clubhouse and Management/Leasing Office.
Current ownership has maintained strong occupancy offering a superior product compared to other nearby rental properties. The property's functional layouts, updated finishes, and community-oriented design position Alta Vista Commons competitively within a submarket where demand for quality rental housing continues to outpace supply. Ownership has been meticulous with its upkeep on landscape, window upgrades, interior upgrades, asphalt and balconies.
Centrally located near major employment centers, retail corridors, schools, and transportation routes, Alta Vista Commons benefits from Sacramento's sustained population growth and relative affordability compared to the Bay Area. With stable in-place income, meaningful rental upside, and turnkey phsyical condition, the property offers investors the opportunity to acquire a well-maintained asset with both immediate cash flow and long-term appreciation potential.
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