Description
The deloney group of marcus & millichap is pleased to present 5756-5760 nina way apartments, a captivating 12-unit apartment community located in sacramento, california. the community features 1 studio unit with 425 rentable square feet, 7 one-bedroom/one-bathroom units with 625 rentable square feet, and 4 two-bedroom/one-bathroom units with 775 rentable square feet. the purchaser of this community will enjoy a favorable and diverse unit mix with an immediate value-add component and rental upside potential. residents have the benefit of off-street parking, a spacious onsite laundry room with personal storage lockers, and convenient access to several shopping centers nearby. the market comparable suggest a 25% loss-to-lease upside thesis with moderate turn quality upgrades. the next investor will have a clear strategy to continue the renovations on the remaining units and bring rents up to neighborhood level. the property is a short short drive from ca-hwy 99, allowing residents to enjoy seamless connectivity to sacramento's bustling midtown/downtown, unlocking a world of employment opportunities and entertainment options.
Property Type
ResidentialIncomeCounty
SacramentoStyle
ResidentialIncomeAD ID
46877458
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BuyOwner last updated this listing 10/25/2024 @ 01:14
- MLS: 224100562
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Metrolist
is a Home, with bedrooms which is recently sold, it has 7,948 sqft, 7,948 sized lot, and 0 parking. are nearby neighborhoods.