David M. Deloney
This listing was posted on RealtyWW.
$1,725,000
Home For Sale In Sacramento, California
Price:
$1,725,000
BR/BA:
10+ BR, 1 BA
Location:
5756 Nina Way, Sacramento, CA
Description:
The DeLoney Group of Marcus and Millichap is pleased to present 5756-5760 Nina Way Apartments, a captivating 12-unit apartment community located in Sacramento, California. The community features 1 studio unit with 425 rentable square feet, 7 one-bedroom/one-bathroom units with 625 rentable square feet, and 4 two-bedroom/one-bathroom units with 775 rentable square feet. The purchaser of this community will enjoy a favorable and diverse unit mix with an immediate value-add component and rental upside potential. Tenants have the benefit of off-street parking, a spacious onsite laundry room with personal storage lockers, and convenient access to several shopping centers nearby. The market comparable suggest a 25% loss-to-lease upside thesis with moderate turn quality upgrades. There are two units currently vacant and slated for renovation which would allow a purchaser to capture some of the immediate upside potential in addition to raising rents on existing residents. The property is not far from Ca-Hwy 99, allowing residents to enjoy seamless connectivity to Sacramento's bustling Midtown/Downtown, unlocking a world of employment opportunities and entertainment options.For more details: https://realtyww.info/homes_sacramento-d523689/for-sale_i72112014
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More About this Listing: Home For Sale In Sacramento, California
Home For Sale In Sacramento, California is a 10+ BR One Bath Single-Family Homes for Sale at 5756 Nina Way in Sacramento CA. Find other listings like Home For Sale In Sacramento, California and listings near 5756 Nina Way by searching Oodle Classifieds for 10+ BR One Bath Single-Family Homes for Sale in Sacramento CA.
Home For Sale In Sacramento, California is a 10+ BR One Bath Single-Family Homes for Sale at 5756 Nina Way in Sacramento CA. Find other listings like Home For Sale In Sacramento, California and listings near 5756 Nina Way by searching Oodle Classifieds for 10+ BR One Bath Single-Family Homes for Sale in Sacramento CA.