Listed by Turton Commercial Real Estate
$1,095,000
2722-2730 T Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,366
Units 5
Cap Rate 5.00%
NOI $54,767
Occupancy 100%
Tenancy Single
Investment Type Value Add
2722-2730 T Street, Sacramento, CA 95818
Marketing description
Unique and charming five-unit multifamily property in Midtown that is currently 100% leased at below market rents with a 5% in-place cap rate.
Midtown is a vibrant, walkable submarket at the center of Sacramento's cultural scene that showcases a strong mix of curated local, national, and regional retailers, restaurants, and businesses
Investment highlights
- Located in the Historic Newton Booth neighborhood, 2 blocks from the Sacramento Food Co-Op and walking distance to the Channel 24 music venue and light rail
- Priced at $1,095,000 or $219,000 per unit
- Features 4 one-bedroom units and 1 two-bedroom unit
- Units feature original cabinetry, hardwood floors, molding, and abundant natural light
- Shared laundry and additional storage in the full height basement
- Ample street parking surrounding the property
- Centrally located between Downtown, Land Park, Curtis Park, and East Sacramento
- Near State Capitol, government offices, and major healthcare institutions
- Walkable, bike-friendly, transit-oriented submarket with consistent, daily daytime and nighttime traffic
- Art galleries, music venues, and local events drive consistent foot traffic
- Takes pride in its diverse, locally driven food, beverage, and third wave coffee scene
- Concentration of young professionals, renters, and affluent urban residents
Listing Contacts
Listed by Turton Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,766.80
$4,563.90/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
