Investment Overview

The Ridge at McClellan is a 106-unit multifamily community situated at 5520 Generals Place in North Highlands, California 95660. Built in 1960, the two-story property spans approximately 81,134 square feet across a 3.57-acre lot, offering a well-established footprint in one of Sacramento County's most accessible suburban submarkets. The property is conveniently located just minutes from I-80, shopping, and schools, making it an attractive option for commuters traveling to Sacramento — the fourth largest metropolitan area in California. Residents also benefit from proximity to American River College and Sacramento State, supporting a broad and stable renter base. The surrounding North Highlands neighborhood sits just 10 miles from Downtown Sacramento, with quiet streets lined with modest single-family homes and easy access to restaurants and retail. The former McClellan Air Force Base nearby has been redeveloped into a thriving commercial park that brings ongoing economic activity and community events to the immediate area. The property has undergone transformative renovations in recent years; double pane windows have been installed throughout and all units now include LVP flooring and granite countertops. What really sweetens this investment opportunity is the assumable in-place debt, fixed at 3.7% until 2031. The payments recently switched from interest-only to principal and interest payments. At approximately 62LTV the debt is truly accretive to value. Please do not disturb management. Listing agent must be present for all tours.