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Multifamily

Arden Garden Lofts

600 Garden Hwy, Sacramento, CA 95833

Listing Price: $8,800,000

Cap Rate
5.51%
Number of Units
45
GRM
8.96
Occupancy
95.0%
Price/Unit
$195,556
Price/Gross SF
$216.64
Gross SF
40,620

Investment Overview

Marcus & Millichap is pleased to exclusively present 600 Garden Highway, known as Arden Garden Lofts, a 45-unit garden-style multifamily community located in Northern Sacramento. The property offers a mix of studio and two-bedroom apartment homes spread across a single low-rise residential building.

Arden Garden Lofts offers gated, on-site parking and landscaped common areas and is situated along the I-5 corridor with convenient access to shopping, dining, employment centers, schools, and major Sacramento-area transportation routes.

The surrounding area offers access to the Sacramento River corridor and the broader attractions of the central city. Nearby destinations in Sacramento include Old Sacramento Waterfront, the California State Capitol, Golden 1 Center, and Discovery Park. Residents can also enjoy the city’s established dining scene, neighborhood services, and year-round events that make Sacramento an appealing place to call home.

Overall, the property represents an established Sacramento-area multifamily asset with a combination of modern amenities and stable operations

Investment Highlights

  • Rare 2011 vintage offering
  • Opportunity to add in-unit laundry and increase rent
  • Current owner lives on site and self-manages property
  • Owner's unit has direct access to large office space which could be converted to a gym or other tenant amenity.

Exclusively Listed By

Multifamily

Arden Garden Lofts

Listing Price: $8,800,000

Cap Rate
5.51%
Number of Units
45
GRM
8.96
Occupancy
95.0%
Price/Unit
$195,556
Price/Gross SF
$216.64
Gross SF
40,620

Investment Highlights

  • Rare 2011 vintage offering
  • Opportunity to add in-unit laundry and increase rent
  • Current owner lives on site and self-manages property
  • Owner's unit has direct access to large office space which could be converted to a gym or other tenant amenity.

Investment Overview

Marcus & Millichap is pleased to exclusively present 600 Garden Highway, known as Arden Garden Lofts, a 45-unit garden-style multifamily community located in Northern Sacramento. The property offers a mix of studio and two-bedroom apartment homes spread across a single low-rise residential building. Arden Garden Lofts offers gated, on-site parking and landscaped common areas and is situated along the I-5 corridor with convenient access to shopping, dining, employment centers, schools, and major Sacramento-area transportation routes. The surrounding area offers access to the Sacramento River corridor and the broader attractions of the central city. Nearby destinations in Sacramento include Old Sacramento Waterfront, the California State Capitol, Golden 1 Center, and Discovery Park. Residents can also enjoy the city’s established dining scene, neighborhood services, and year-round events that make Sacramento an appealing place to call home. Overall, the property represents an established Sacramento-area multifamily asset with a combination of modern amenities and stable operations

Exclusively Listed By

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