Multifamily
Country Glen Apartments
7575 Power Inn Rd, Sacramento, CA 95828
Listing Price: $11,700,000
Investment Overview
The DeLoney Group at Marcus & Millichap is pleased to offer for sale Country Glen Apartments in the unincorporated county portion of Sacramento, CA. Having been built in 1990, the property offers residents valuable amenities such as in-suite laundry, upstairs vaulted ceilings, private patios and balconies, garages available for rent, a swimming pool and spa, a leasing office clubhouse and small fitness center. Eight of the 2BD 2BA units are single story cottages offering a more private living space and lower density overall.
Based on rents already achieved by current ownership, the existing rent roll suggests more than 18% upside in income. The property is poised to be upgraded and taken to the next level.
Exclusively Listed By
Listing Price: $11,700,000
Investment Highlights
- Value-add opportunity
- Desirable floorplans and unit mix; upstairs units feature vaulted ceilings and every unit features in-suite laundry
- Garages provide a nice tenant amenity and supplementary property income
Investment Overview
The DeLoney Group at Marcus & Millichap is pleased to offer for sale Country Glen Apartments in the unincorporated county portion of Sacramento, CA. Having been built in 1990, the property offers residents valuable amenities such as in-suite laundry, upstairs vaulted ceilings, private patios and balconies, garages available for rent, a swimming pool and spa, a leasing office clubhouse and small fitness center. Eight of the 2BD 2BA units are single story cottages offering a more private living space and lower density overall. Based on rents already achieved by current ownership, the existing rent roll suggests more than 18% upside in income. The property is poised to be upgraded and taken to the next level.
Exclusively Listed By
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