Contacts
Turton Commercial Real Estate
Turton Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 4,161 SF
- Units 17
- Cap Rate % 6.5
- Additional Rent Contact for pricing
- # of Floors 2
- Parking Spaces Avail. 6
- Parking Ratio 1.44 / 1,000 SF
- Year Built 1968
- Date Updated Dec 16, 2024
- ± 4,161 total SF building for sale in Boulevard Park
- Purchase price: $2,150,000 ($516 price PSF, $126,000 average price per unit)
- Pro-forma cap rate: 6.5%
- Value-add housing opportunity
- Most affordable housing that Midtown has to offer; reliable cash flow when fully leased
- Two story building; 17 dorm-style studios, 2 shared kitchens, 3 shared bathrooms, and 1 shared laundry room
- 6 covered parking stalls and abundant street parking
- Recently renovated building with modern interior and exterior finishes
- Walking and biking distance to many popular Midtown amenities, such as La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, and several bus stops
- Possible seller financing available
Reach out to the broker for more info on lease terms and amenities
Getting around
-
91/100
Walk Score ®
-
47/100
Transit Score ®
-
99/100
Bike Score ®
Location
- City Sacramento, CA
- Neighborhood Boulevard Park
- Zip Code 95811
- Market Sacramento
Points of Interest
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Alkali Flat/La Valentina
0.72 miles
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23rd Street
1.02 miles
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8th & H/County Center
1.05 miles
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St. Rose of Lima Park
1.06 miles
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16th Street
1.06 miles
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8th & K
1.11 miles
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7th & I/County Center
1.13 miles
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13th Street
1.18 miles
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29th Street
1.19 miles
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8th & Capitol
1.20 miles
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Shell
0.60 miles
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Arco
0.68 miles
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ChargePoint
0.72 miles
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Chevron
0.81 miles
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76
1.10 miles
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SMUD
1.17 miles
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Stop and Shop
1.24 miles
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One Stop Gas
1.56 miles
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EVgo
1.81 miles
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Rivian
1.84 miles
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CVS Parking
0.12 miles
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Memorial Garage
0.56 miles
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East End Garage
0.67 miles
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Public Parking
0.70 miles
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ACE Parking
0.73 miles
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Lot D
0.74 miles
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Sutter Hospital Lot A
0.80 miles
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Sutter Hospital Lot B
0.85 miles
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City Hall Parking Garage
0.88 miles
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Capitol Garage
0.97 miles
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Travelodge Sacramento Convention Center
0.39 miles
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Econo Lodge Sacramento Convention Center
0.41 miles
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Americas Best Value Inn Downtown Convention Center
0.42 miles
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Quality Inn Sacramento Convention Center
0.56 miles
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Hyatt House Sacramento / Midtown
0.64 miles
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Amber House Inn of Midtown
0.65 miles
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Sterling Hotel
0.65 miles
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Residence Inn by Marriott Sacramento Downtown at Capitol Park
0.68 miles
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Sheraton Grand Sacramento Hotel
0.78 miles
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Congress Hotel
0.79 miles
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Target
0.47 miles
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Grocery Outlet
0.70 miles
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Safeway
0.91 miles
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Sacramento Natural Foods Co-op
1.17 miles
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Market 5-ONE-5
1.35 miles
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Downtown Commons
1.36 miles
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Macy's Downtown Plaza Sacramento
1.37 miles
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Gold Star Mart
1.42 miles
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Compton's Market
1.54 miles
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Smart & Final
1.65 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
