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Multifamily

1535 Arcade Blvd

1535 Arcade Blvd, Sacramento, CA 95815

Listing Price: $900,000

Cap Rate
5.18%
Number of Units
3
GRM
10.60
Occupancy
97.0%
Price/Unit
$300,000
Price/Gross SF
$277.26
Gross SF
3,246

Investment Overview

Marcus & Millichap is pleased to present as exclusive listing agent, a fee simple interest in 1535 Arcade Blvd in Sacramento, California. This fully occupied three-unit multifamily property offers an exceptional opportunity to add value to an already cash-flowing asset, with current annual rental income exceeding $84,000.
This property features a large 3-bed, 1-bath main house, a 2-bed, 1-bath secondary house, and a 2-bed, 1-bath cottage. All 3 structures have seen a mix of recent renovations, including flooring, cabinetry, countertops and new roofs. All three roofs were replaced in 2021. Additional revenue can be gained from further development of two non-conforming units.
Positioned in a strong rental market, this asset combines immediate and stable cash flow with the opportunity to add significant value.
Please do not disturb tenants or management.

Investment Highlights

  • Three separate buildings on a large .56 acre parcel
  • Opportunity to permit and occupy Two additional 1Bd/1Ba units.
  • Plans for parcel subdivision
  • Recent renovations including new roofs (2021)

Exclusively Listed By

Multifamily

1535 Arcade Blvd

Listing Price: $900,000

Cap Rate
5.18%
Number of Units
3
GRM
10.60
Occupancy
97.0%
Price/Unit
$300,000
Price/Gross SF
$277.26
Gross SF
3,246

Investment Highlights

  • Three separate buildings on a large .56 acre parcel
  • Opportunity to permit and occupy Two additional 1Bd/1Ba units.
  • Plans for parcel subdivision
  • Recent renovations including new roofs (2021)

Investment Overview

Marcus & Millichap is pleased to present as exclusive listing agent, a fee simple interest in 1535 Arcade Blvd in Sacramento, California. This fully occupied three-unit multifamily property offers an exceptional opportunity to add value to an already cash-flowing asset, with current annual rental income exceeding $84,000. This property features a large 3-bed, 1-bath main house, a 2-bed, 1-bath secondary house, and a 2-bed, 1-bath cottage. All 3 structures have seen a mix of recent renovations, including flooring, cabinetry, countertops and new roofs. All three roofs were replaced in 2021. Additional revenue can be gained from further development of two non-conforming units. Positioned in a strong rental market, this asset combines immediate and stable cash flow with the opportunity to add significant value. Please do not disturb tenants or management.

Exclusively Listed By

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