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Erik Nelson

erik@mcgrailteam.com +1(916) 765-8124

$ 1,995,000

Est. payment | -/mo

7,191 SqFt

Save

$ 1,995,000

Est. payment | -/mo

Save

7,191 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,191 sqft

Price per Sqft $277

MLS Listing ID 226079708

HOA Y/N No

Year Built 1970

Lot Size 0.352 Acres

Acres 0.3517

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Massive opportunity to be the new owner The Villanova Garden Apartments! 100% occupied, Arden-Arcade 8-plex building. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191sq ft on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years. Updates to the remodeled units include new kitchens and bathrooms, counters and cabinets, tub and shower, a stand alone gas range w/ventilation, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. The new owner can bump rents day 1.

Location

State CA

County Sacramento

Area 10825

Direction Use GPS.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 891 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1750 SqFt Source: Tax Record

Interior

Heating Central, Electric, Gas, Individual, Natural Gas

Cooling Ceiling Fan(s), Central, Individual

Flooring Carpet, Tile, Laminate, Luxury Vinyl Plank, Varies by Unit

Window Features Dual Pane Full,Window Screens

Appliance Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Dishwasher, Microwave, Disposal, Varies By Unit, See Remarks

Laundry Coin Operated, Washer/Dryer Leased, In Common Area

Exterior

Parking Features Off Street, Side-by-Side, Street, See Remarks

Utilities Available Cable Available, City, Sewer In & Connected, Electric, Internet Available, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Flat

Topography Level,Trees Many

Porch Balcony/Deck, Covered Patio, Varies by Unit

Total Parking Spaces 16

Building

Lot Description Auto Sprinkler F&R, Private, Garden, Landscape Back, Landscape Front

Story 2

Foundation Concrete

Sewer Public Sewer

Water Meter on Site, Public

Level or Stories Two

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 285-0265-005-0000

Special Listing Condition Trust, Offer As Is

Listed by Cobalt Real Estate

NEARBY SCHOOLS & PROPERTIES

Helping real estate be simple, fun and stress-free!

+1(916) 765-8124

erik@mcgrailteam.com

1891 E. Roseville Parkway Suite 180, Roseville, CA, 95661

2312 Villanova CIR Sacramento, CA 95825