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Multifamily

Oak St Apartments

140 Oak St, Auburn, CA 95603

Listing Price: $925,000

Cap Rate
5.59%
Number of Units
5
GRM
9.64
Occupancy
95.0%
Price/Unit
$185,000
Price/Gross SF
$200.22
Gross SF
4,620

Investment Overview

The Heitzeberg Group of Marcus & Millichap is proud to present the sale of Oak Street Apartments, a prime opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Downtown Auburn, CA. This 100% two-bedroom unit community offers a desirable mix of spacious layouts, modern updates, and strong rental demand in a thriving market.

Key Features:
All 2-Bedroom Units – Consistently high demand for these spacious floorplans.
Recent Upgrades – Updated decks, fresh exterior paint, new downspouts, gutters and window screens to enhance longevity and curb appeal.
Onsite Laundry – Convenient amenity for tenants, adding to long-term rental stability.
Prime Location – Situated in historic Downtown Auburn, within walking distance to shopping, dining, and entertainment.
Strong Rental Market – Auburn’s desirable location in the Sierra foothills continues to attract renters, providing consistent cash flow potential.

This property presents an ideal opportunity for both owner-occupants and investors looking to secure a turnkey asset with strong appreciation potential in a sought-after Northern California market.

Investment Highlights

  • Great Location And Strong Rent Potential
  • SB 721 Compliant
  • All Panels Are Square D
  • New Exterior Paint, Gutters and Downspouts, Exterior Lighting

Exclusively Listed By

Multifamily

Oak St Apartments

Listing Price: $925,000

Cap Rate
5.59%
Number of Units
5
GRM
9.64
Occupancy
95.0%
Price/Unit
$185,000
Price/Gross SF
$200.22
Gross SF
4,620

Investment Highlights

  • Great Location And Strong Rent Potential
  • SB 721 Compliant
  • All Panels Are Square D
  • New Exterior Paint, Gutters and Downspouts, Exterior Lighting

Investment Overview

The Heitzeberg Group of Marcus & Millichap is proud to present the sale of Oak Street Apartments, a prime opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Downtown Auburn, CA. This 100% two-bedroom unit community offers a desirable mix of spacious layouts, modern updates, and strong rental demand in a thriving market. Key Features: All 2-Bedroom Units – Consistently high demand for these spacious floorplans. Recent Upgrades – Updated decks, fresh exterior paint, new downspouts, gutters and window screens to enhance longevity and curb appeal. Onsite Laundry – Convenient amenity for tenants, adding to long-term rental stability. Prime Location – Situated in historic Downtown Auburn, within walking distance to shopping, dining, and entertainment. Strong Rental Market – Auburn’s desirable location in the Sierra foothills continues to attract renters, providing consistent cash flow potential. This property presents an ideal opportunity for both owner-occupants and investors looking to secure a turnkey asset with strong appreciation potential in a sought-after Northern California market.

Exclusively Listed By

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