For Sale
Call for price

6601 44Th StSacramento, CA 95823

120-Unit Apartment Complex, Sacramento, CA

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 120-unit apartment building presents a compelling value-add investment opportunity in Sacramento, California. Situated on a 6.93-acre lot at 6601 44th Street, zip code 95823, this property comprises thirteen two-story buildings. Recent capital improvements significantly enhance its value and potential. These upgrades include brand new roofs across all thirteen buildings, stainless steel kitchen sinks in 40 units, upgraded electrical panels throughout, and new toilets and faucets in every unit. Further improvements include the installation of double-pane windows for superior insulation and energy efficiency, along with new window air conditioning units in all units. The property's convenient location offers residents easy access to schools, shopping centers, and Highway 99. The planned reopening of the on-site laundry room will provide added convenience for tenants and generate supplemental income. This multifamily complex presents a rare opportunity to acquire a well-located, significantly improved asset with substantial upside potential. The property is currently configured as a 120-unit apartment building, offering a strong foundation for future growth and profitability. This is a value-add investment, presenting a chance to increase returns through further enhancements and operational improvements. The property's size and location make it an attractive investment for experienced real estate investors seeking a strong return on investment in a desirable California market.

Highlights

  • 120-unit apartment building value-add opportunity in Sacramento, CA.
  • Property consists of 13 two-story buildings on a 6.93-acre lot.
  • Recent upgrades include new roofs, stainless steel sinks in 40 units, upgraded electrical panels, new toilets and faucets in all units, double-pane windows, and new window AC units.
  • Convenient location near schools, shopping, and Highway 99.
  • Broker co-op available.

Property Details for 6601 44Th St

Property type
Apartment buildings
Buildings
13
Stories
2
Lot Size (sq. ft)
301,871 SF
Units
120

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.505916946989
Longitude
-121.4543219369
6601 44Th St, Sacramento, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6601 44Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message