Multifamily

Sierra Square Apartments

8059 Targa Cir, Citrus Heights, CA 95610

Listing Price: $23,000,000

Cap Rate
4.63%
Number of Units
110
GRM
12.79
Occupancy
95.0%
Price/Unit
$209,091
Price/Gross SF
$301.24
Gross SF
76,350

Investment Overview

Sierra Square is a turnkey 110-unit apartment community in Citrus Heights, California. It is located near Sunrise Mall.

Investment Highlights

  • Beautiful Remodeled Apartment Community in Desirable Suburban Location
  • Value-Add Potential to Add In-Suite Laundry
  • 80 Percent of Units have Received Interior Remodel Since 2017
  • Free and Clear Delivery; Buyer Benefits from Today's Historically Low Interest Rates
  • Convenient Access to Sunrise Mall, Marketplace at Birdcage and Citrus Town Center

Exclusively Listed By

Listing Price: $23,000,000

Cap Rate
4.63%
Number of Units
110
GRM
12.79
Occupancy
95.0%
Price/Unit
$209,091
Price/Gross SF
$301.24
Gross SF
76,350

Investment Highlights

  • Beautiful Remodeled Apartment Community in Desirable Suburban Location
  • Value-Add Potential to Add In-Suite Laundry
  • 80 Percent of Units have Received Interior Remodel Since 2017
  • Free and Clear Delivery; Buyer Benefits from Today's Historically Low Interest Rates
  • Convenient Access to Sunrise Mall, Marketplace at Birdcage and Citrus Town Center

Investment Overview

Sierra Square is a turnkey 110-unit apartment community in Citrus Heights, California. It is located near Sunrise Mall.

Exclusively Listed By

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