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Multifamily

1829 H St

1829 H St, Sacramento, CA 95811

Listing Price: $1,250,000

Cap Rate
4.02%
Number of Units
4
GRM
12.70
Occupancy
97.0%
Price/Unit
$312,500
Price/Gross SF
$365.50
Gross SF
3,420

Investment Overview

The DeLoney Group of Marcus & Millichap is pleased to present 1829 H Street, a 4-unit multifamily dwelling located in Midtown Sacramento. The property is comprised of all two-bedroom/one-bathroom units with 855 rentable square feet. Laundry facility is located on the first floor of the property.
Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both Capitol Mall and the State Capitol.
All four units have been retrofitted upon tenant turnover, with most recently having installed new carpet in all units. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room.

All tours must be scheduled through the listing agents. Please do not disturb management

Investment Highlights

  • Meticulously Maintained Pride of Ownership Fourplex
  • Highly Desirable 2 Bed/1 Bath Units with Central A/C
  • 10-15% Loss to Lease from Market Rental Rates
  • Irreplaceable Location in the Heart of Midtown Sacramento
  • Walk-In Closets

Exclusively Listed By

Multifamily

1829 H St

Listing Price: $1,250,000

Cap Rate
4.02%
Number of Units
4
GRM
12.70
Occupancy
97.0%
Price/Unit
$312,500
Price/Gross SF
$365.50
Gross SF
3,420

Investment Highlights

  • Meticulously Maintained Pride of Ownership Fourplex
  • Highly Desirable 2 Bed/1 Bath Units with Central A/C
  • 10-15% Loss to Lease from Market Rental Rates
  • Irreplaceable Location in the Heart of Midtown Sacramento
  • Walk-In Closets

Investment Overview

The DeLoney Group of Marcus & Millichap is pleased to present 1829 H Street, a 4-unit multifamily dwelling located in Midtown Sacramento. The property is comprised of all two-bedroom/one-bathroom units with 855 rentable square feet. Laundry facility is located on the first floor of the property. Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both Capitol Mall and the State Capitol. All four units have been retrofitted upon tenant turnover, with most recently having installed new carpet in all units. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room. All tours must be scheduled through the listing agents. Please do not disturb management

Exclusively Listed By

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