Investment Overview

The DeLoney Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire 1220 Sacramento Avenue, a 12-unit apartment community located in West Sacramento, California. Comprised entirely of one-bedroom units, the property offers investors stable in-place cash flow with a clear value-add component, as current average rents of approximately $1,096 per month remain below projected market rents of $1,250 per month. Offered at $1,825,000 ($152,083/unit), the asset is available at a 5.05% current cap rate with the potential to achieve a 6.14% pro forma cap rate through strategic rent growth. Ideally located just minutes from Downtown Sacramento, major employment centers, and regional transportation corridors, 1220 Sacramento Avenue presents an opportunity to acquire a well-positioned workforce housing asset in one of the Sacramento region's fastest-growing rental markets.