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Multifamily

Land Apartments

1213 V St, Sacramento, CA 95818

Listing Price: $1,760,000

Cap Rate
4.69%
Number of Units
8
GRM
10.12
Occupancy
97.0%
Price/Unit
$220,000
Price/Gross SF
$325.93
Gross SF
5,400

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 1213 V Street, a recently renovated eight-unit apartment community ideally positioned in Sacramento’s Downtown district. The property features an attractive mix of one- and two-bedroom floor plans, with units averaging approximately 600 and 900 rentable square feet, respectively.

Originally constructed in 1963, this property has been thoughtfully and extensively renovated by current ownership in 2026, creating a turnkey investment opportunity with modern interiors and strong appeal to today’s urban renter. The renovation program was completed with an emphasis on quality, functionality, and contemporary design. Ownership spared no expense in transforming the property, allowing a new investor to acquire a substantially renovated asset while minimizing near-term capital expenditure requirements.

Residents enjoy the community’s amenities of gated entry, onsite laundry services, and six off-street parking spaces, an attractive benefit where convenient parking can be scarce. In addition, 1213 V Street is exceptionally positioned near the intersection of Midtown, Downtown, and the Broadway Corridor, placing residents within close proximity to some of Sacramento’s most established employment centers, dining destinations, entertainment venues, parks, and cultural attractions. This location is recognized for its highly walkable, bike-friendly environment and concentration of independent restaurants, coffee shops, boutiques, galleries, and neighborhood amenities.

All tours must be scheduled through the listing agent. Please do not disturb management or residents.

Investment Highlights

  • Substantially Renovated in 2026 - Roof, Windows, Paint, Landscaping
  • 100% of Units Renovated - LVP Flooring, Cabinetry, Countertops, Bathrooms
  • Spacious 1 & 2-Bedroom Floorplans
  • Off-Street Parking - New Asphalt & Striping
  • Onsite Laundry Facility - Tap to Pay Washer & Dryer

Exclusively Listed By

Multifamily

Land Apartments

Listing Price: $1,760,000

Cap Rate
4.69%
Number of Units
8
GRM
10.12
Occupancy
97.0%
Price/Unit
$220,000
Price/Gross SF
$325.93
Gross SF
5,400

Investment Highlights

  • Substantially Renovated in 2026 - Roof, Windows, Paint, Landscaping
  • 100% of Units Renovated - LVP Flooring, Cabinetry, Countertops, Bathrooms
  • Spacious 1 & 2-Bedroom Floorplans
  • Off-Street Parking - New Asphalt & Striping
  • Onsite Laundry Facility - Tap to Pay Washer & Dryer

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 1213 V Street, a recently renovated eight-unit apartment community ideally positioned in Sacramento’s Downtown district. The property features an attractive mix of one- and two-bedroom floor plans, with units averaging approximately 600 and 900 rentable square feet, respectively. Originally constructed in 1963, this property has been thoughtfully and extensively renovated by current ownership in 2026, creating a turnkey investment opportunity with modern interiors and strong appeal to today’s urban renter. The renovation program was completed with an emphasis on quality, functionality, and contemporary design. Ownership spared no expense in transforming the property, allowing a new investor to acquire a substantially renovated asset while minimizing near-term capital expenditure requirements. Residents enjoy the community’s amenities of gated entry, onsite laundry services, and six off-street parking spaces, an attractive benefit where convenient parking can be scarce. In addition, 1213 V Street is exceptionally positioned near the intersection of Midtown, Downtown, and the Broadway Corridor, placing residents within close proximity to some of Sacramento’s most established employment centers, dining destinations, entertainment venues, parks, and cultural attractions. This location is recognized for its highly walkable, bike-friendly environment and concentration of independent restaurants, coffee shops, boutiques, galleries, and neighborhood amenities. All tours must be scheduled through the listing agent. Please do not disturb management or residents.

Exclusively Listed By

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