1015 Arcade BLVD Pending Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95815
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $168
MLS Listing ID 225099335
Year Built 1965
Lot Size 0.690 Acres
Property Sub-Type 5 or More Units
Property Description
Colliers is pleased to present 1015 Arcade Blvd, a 20-unit apartment complex that consists of all 2bedroom/1bathroom floorplans. This is an add-value opportunity for a new or experienced investor. Average rents at the complex are $1,166 where other 2bedroom units are renting between $1,600 to $1,800 per unit in the area. The complex has five separate fourplexes that are two stories with stucco exterior. Each unit features wall heat and air conditioner along with electric stove and refrigerator. Flooring throughout the units is tile or laminate with wood kitchen cabinets and vanities. There is on-site laundry for the residents along with off-street parking. The property is gated and quiet. $500 per unit of upside rental potential.
Location
State CA
County Sacramento
Area 10815
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Varies by Unit
Laundry Washer/Dryer Owned
Exterior
Parking Features Off Street
Utilities Available Natural Gas Connected,Electric
View Varies by Unit
Building
Lot Description None
Story 2
Foundation Concrete, Other
Sewer Public Sewer
Water Meter on Site
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Special Listing Condition None