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Multifamily

1229 F St

1229 F St, Sacramento, CA 95814

Listing Price: $1,350,000

Cap Rate
5.87%
Number of Units
7
Occupancy
97.0%
Price/Unit
$192,857
Price/Gross SF
$350.65
Gross SF
3,850

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the sale of 1229 F Street, a six plus one-unit multifamily investment property located in the neighborhood of Mansion Flats, Sacramento. The property sits on a 0.15-acre lot that begins on F street and backs up to Eggplant Alley. This provides a unique layout to access the two-bedroom/one-bathroom private home through Eggplant Alley and the six units, featuring three studios, and three one-bedroom/one-bathroom units, through F street. Residents benefit from living in an unbeatable location which is minutes away from many restaurants, entertainment, shopping, and so much more. The property also offers on-site coin-op laundry, parking, and a backyard shared by the tenants in the building. The property represents an excellent opportunity for any investor to capture a beautiful, well-located asset with strong returns. Sacramento is home to the State Capitol, making the State the area's largest employer. Universities such as Sacramento State and UC Davis foster an educated workforce that draws new companies and people to the market. The city of Sacramento alone has the biggest population in the area at approximately 525,000 residents and the region offers a tremendous number of recreational activities with many sports teams calling Sacramento home. Also, Sacramento is just a short distance from Lake Tahoe and Napa Valley. Those looking for a better quality of life and the freedom to enjoy the outdoors will find it in this city, thus demonstrating a strong demand for rental housing. All tours must be scheduled with the listing agent. Please do not disturb tenants.

Investment Highlights

  • Unbeatable Location with Old School Victorian Charm
  • Minutes Away From Sacramento's Most Notable Destinations
  • Highly Desirable Unit-Mix: Three Studios, Three One-Bedroom/One-Bathroom Units, and One Two-Bedroom/One-Bathroom Home
  • On-Site Laundry and Outdoor Shared Backyard Provided for Tenants in the Building

Exclusively Listed By

Multifamily

1229 F St

Listing Price: $1,350,000

Cap Rate
5.87%
Number of Units
7
Occupancy
97.0%
Price/Unit
$192,857
Price/Gross SF
$350.65
Gross SF
3,850

Investment Highlights

  • Unbeatable Location with Old School Victorian Charm
  • Minutes Away From Sacramento's Most Notable Destinations
  • Highly Desirable Unit-Mix: Three Studios, Three One-Bedroom/One-Bathroom Units, and One Two-Bedroom/One-Bathroom Home
  • On-Site Laundry and Outdoor Shared Backyard Provided for Tenants in the Building

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the sale of 1229 F Street, a six plus one-unit multifamily investment property located in the neighborhood of Mansion Flats, Sacramento. The property sits on a 0.15-acre lot that begins on F street and backs up to Eggplant Alley. This provides a unique layout to access the two-bedroom/one-bathroom private home through Eggplant Alley and the six units, featuring three studios, and three one-bedroom/one-bathroom units, through F street. Residents benefit from living in an unbeatable location which is minutes away from many restaurants, entertainment, shopping, and so much more. The property also offers on-site coin-op laundry, parking, and a backyard shared by the tenants in the building. The property represents an excellent opportunity for any investor to capture a beautiful, well-located asset with strong returns. Sacramento is home to the State Capitol, making the State the area's largest employer. Universities such as Sacramento State and UC Davis foster an educated workforce that draws new companies and people to the market. The city of Sacramento alone has the biggest population in the area at approximately 525,000 residents and the region offers a tremendous number of recreational activities with many sports teams calling Sacramento home. Also, Sacramento is just a short distance from Lake Tahoe and Napa Valley. Those looking for a better quality of life and the freedom to enjoy the outdoors will find it in this city, thus demonstrating a strong demand for rental housing. All tours must be scheduled with the listing agent. Please do not disturb tenants.

Exclusively Listed By

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