Multifamily

3615 Morse Avenue

3615 Morse Ave, Sacramento, CA 95821

Listing Price: $1,450,000

Cap Rate
4.89%
Number of Units
9
GRM
12.42
Occupancy
100.00%
Price/Unit
$161,111
Price/Gross SF
$195.95
Gross SF
7,400

Investment Overview

Marcus & Millichap is pleased to present 3615 Morse Avenue, a nine-unit, two-story, one-building, low-rise apartment building. Located on Morse Avenue, near Auburn Boulevard, and between Florin Avenue and Watt Avenue in Sacramento, California. 3615 Morse Avenue contains a unit mix comprised of 100-percent two-bedroom/one-bath units. The building offers gated access and covered parking.

Located in the Arden-Arcade neighborhood area of Sacramento, 3615 Morse Avenue offers two-bedroom apartments in a major cultural center of the city. Conveniently located near major retail services, parks, and schools, 3615 Morse Avenue offers residents easy access to all their needs. Residents will also enjoy proximity to major freeways allowing quick access to the major employment hubs in the metro and beyond.

Investment Highlights

  • 100-Percent Occupied
  • Low Maintenance
  • Close to Highway 80

Exclusively Listed By

Listing Price: $1,450,000

Cap Rate
4.89%
Number of Units
9
GRM
12.42
Occupancy
100.00%
Price/Unit
$161,111
Price/Gross SF
$195.95
Gross SF
7,400

Investment Highlights

  • 100-Percent Occupied
  • Low Maintenance
  • Close to Highway 80

Investment Overview

Marcus & Millichap is pleased to present 3615 Morse Avenue, a nine-unit, two-story, one-building, low-rise apartment building. Located on Morse Avenue, near Auburn Boulevard, and between Florin Avenue and Watt Avenue in Sacramento, California. 3615 Morse Avenue contains a unit mix comprised of 100-percent two-bedroom/one-bath units. The building offers gated access and covered parking.

Located in the Arden-Arcade neighborhood area of Sacramento, 3615 Morse Avenue offers two-bedroom apartments in a major cultural center of the city. Conveniently located near major retail services, parks, and schools, 3615 Morse Avenue offers residents easy access to all their needs. Residents will also enjoy proximity to major freeways allowing quick access to the major employment hubs in the metro and beyond.

Exclusively Listed By

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