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33633617
33633616

555 Douglas St, West Sacramento, CA 95605

DD
CA 02045150
Marcus & Millichap - Sacramento
TD
CA 01920427
Marcus & Millichap - Sacramento
DH
CA: 01292212
Marcus & Millichap - Downtown Sacramento
Listed by Marcus & Millichap - Sacramento, Marcus & Millichap - Downtown Sacramento
$15,250,000
2 days on market
Updated 2 days ago

Riverbend Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 43,138
Units 82
Cap Rate 5.55%
NOI $846,349
Occupancy 100%
Tenancy Multi
Price per SqFt $354
Year Built 1974
Acreage 3.160
Parking Spaces 82 spaces
Parking Per SqFt 1.90
Investment Type Stabilized

Multifamily | 5.55% CAP | 82 Units

Marketing description

The DeLoney Group at Marcus & Millichap is marketing the Riverbend Apartments for sale with free and clear delivery. The grounds and exterior have been well maintained and the units upgraded to include LVP flooring, stone countertops, stainless steel appliances and new cabinets. Residents enjoy central HVAC and wall mounted A/C.

Riverbend's location along the Lighthouse Drive corridor places it within West Sacramento's most active development zone. The property is surrounded on multiple sides by residential and mixed-use projects completed within the last five years — a rare and tangible indicator of sustained private capital commitment to the submarket. This established context supports rent growth, minimizes demand risk, and provides residents with an amenity-rich, walkable environment that continues to improve.

The broader demand environment continues to favor well-located infill assets. As elevated fuel costs have raised the true cost of suburban living, renter preference has durably shifted toward locations offering proximity to employment and walkable daily conveniences. Riverbend's Lighthouse Drive address — with direct access to Downtown Sacramento via the Tower Bridge gateway — places it squarely within that demand cohort, supporting both occupancy and long-term rent trajectory.

All tours must be conducted with listing agent present. Do not disturb management or residents.

Investment highlights

  • Infill Growth Corridor - Surrounded on multiple sides by sub-five-year development along Lighthouse Drive, one of West Sacramento's most actively invested and amenity-rich neighborhoods.
  • Renovated Interiors - Stone countertops, LVP flooring, new cabinetry and stainless appliances throughout.
  • Minutes from Downtown Sacramento - Low-density neighborhood setting with immediate access to Downtown Sacramento via the Tower Bridge; urban convenience without
  • urban density.

Listing Contacts

DD
CA 02045150
Marcus & Millichap - Sacramento
TD
CA 01920427
Marcus & Millichap - Sacramento
DH
CA: 01292212
Marcus & Millichap - Downtown Sacramento
Listed by Marcus & Millichap - Sacramento, Marcus & Millichap - Downtown Sacramento

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$846,349.00
$70,529.08/mo

Valuation Metrics

0
DSCR
5.55%
Cap Rate
5.55%
ROI

Map

Zoning

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R-3 ResidentialMulti FamilyResidential Multifamily
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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