Investment Overview

Amas Villas is an excellent opportunity to own an attractive multi-family asset in one of Sacramento's strongest rental submarkets, Arden-Arcade. The property boasts an impressive unit mix of all two-bedroom units except for a single one-bedroom. Macro market lift and recent upgrades to the property have caused rental rates to climb steadily at Arden Villas in the past year, with new leases achieving as high as $1650/mo with units equipped with washer & dryer hookups. The property has strong curb appeal and visibility, with two separate parking lots behind controlled gated access. Double pane vinyl windows have been installed throughout. Residents enjoy a swimming pool in the rear of the property and laundry facilities for those units not equipped with in-suite laundry. Much of the interior landscaping has been converted to "droughtscape," lessening landscape and water bills. The seller currently has a loan with JP Morgan Chase with a balance slightly above $8,000,000 with a rate fixed for five years at 4.68% that was originated in July of 2022. Do not disturb management. All site visits and tours must be with listing agent present.