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Listing Summary
Listing
#223025688
$2,137,500 (LP)
Sacramento, CA 95815
Withdrawn/Canceled
(09/12/23)
SqFt:
Lot Size SqFt:
7528
Area/District
:
10815
Yr
:
1960
Remarks
Pro Forma Cap Rate 6.61%. If you are looking for upside this is your next project! This 14-unit complex has turned all the tenants since new ownership. Units have been remodeled and corrected to their original form. Tenants currently residing in all units, with exception to 2, all have subsidized rent paid by either section 8 and LSS. Many units being turned and in the section 8 system to fill with tenants soon.
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Remarks
Agent and Office Information
Agent
Janna E Mohney
Primary:707-448-1158 Lic: 01884027
Office
McGuire Real Estate
Phone: 707-448-1158, FAX: 800-652-4990 Office Lic: 01902240
Price, Dates and Commissions
Broker Co-op
Broker Co-op
2.0
# Of Units Total
14
Unit Information
# Of Buildings
1
# Of Units Leased
5
# Of Units Month to Month
1
# Of Units Vacant
5
# of 1 Bedroom Units
13
# of 2 Bedroom Units
1
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
# of Floors
2
Units Furnished
None
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
1300
Unit 1 Description
Will be filled with section 8 soon
Unit 1 # of Rooms
2
Unit 1 Occupancy
Vacant
Unit 1 Rent Source
Rental
Unit 1 Type
Apartment
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
1195
Unit 2 Description
Section 8 tenant.
Unit 2 Approx SqFt
500
Unit 2 # of Rooms
2
Unit 2 Occupancy
Tenant
Unit 2 Rent Source
Rental
Unit 2 Lease Term
12 Months
Unit 2 SqFt Source
Not Measured
Unit 2 Type
Apartment
Unit 3 Bedrooms
1
Unit 3 Full Baths
1
Unit 3 Partial Baths
0
Unit 3 Rent
$
1195
Unit 3 Description
100% of rent paid for by LSS program
Unit 3 # of Rooms
1
Unit 3 Type
Apartment
Unit 4 Bedrooms
1
Unit 4 Full Baths
1
Unit 4 Partial Baths
0
Unit 4 Rent
$
1250
Unit 4 Description
Section 8 tenant will move in soon.
Unit 4 # of Rooms
2
Unit 4 Occupancy
Vacant
Unit 4 Rent Source
Rental
Unit 4 Lease Term
Other
Unit 4 Type
Apartment
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
5
# of 2 Bedrooms Occupied
0
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
0
Income Includes
Laundry, Rent Only, Coin Operated Equipment
Total Deposit
$
0
Total # Leasable
14
Total # Section 8
11
Utilities Expense
$
0
Tax Annual Amount
$
0
Lease Term
Written Agreements
Separate Meters
Common Area Meter
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Bonds/Assessments/Taxes
Yes
Bonds/Assessments/Taxes Desc
Transfer Tax City, Transfer Tax County
Terms
1031 Exchange
Possession
Close Of Escrow
Property Information
Subtype Description
Apartments
Approx SqFt
0
SqFt Source
Assessor Agent-Fill
Price / SqFt
0.00
Lot Sq Ft
(
approx
)
7,528
Lot Acres
(
approx
)
0.1728
Lot Size Source
(Not Verified)
# of Rooms
0
Year Built
1960
Year Built Source
Other
Stories
2
Special Listing Conditions
Housing Assist Program
Property Condition
Updated/Remodeled, Fixer
Property Location
County
Sacramento
Area/District
10815
Subdistrict
Zoning
residential
Signs
No
Interior Information
Appliances
Gas Cook Top, Free Standing Refrigerator, Free Standing Gas Oven
Flooring
Tile
Cooling
Wall Unit(s)
Heating
Wall Furnace
Laundry Features
Laundry Closet, Washer/Dryer Leased
Basement
None
Construction Information
Architectural Style
Contemporary
Construction Materials
Other, Lap Siding
Foundation
Slab
Roof
Flat
Window Features
Window Coverings, Dual Pane Partial, Weather Stripped
Utilities
Electric, Natural Gas Connected
Water Source
Public, Water District
Sewer
Public Sewer
Security Features
Security Fence, Smoke Detector, Fire Extinguisher, Carbon Mon Detector
Irrigation
None
Parking Information
Garage Spaces
0
Total Parking Spaces
15
Covered Spaces
0
Carport Spaces
0
Open Parking Spaces
15
# of RV/Boat
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Uncovered
Lot and Outdoor Information
Lot Features
None
Exterior Features
Yard Space
Association Information
Association
No
School Information
School District (County)
Sacramento (Elementary School District: Twin Rivers Unified; Middle or Junior School District: Twin Rivers Unified; Senior High School District: Twin Rivers Unified)
Green Information
Other Listing Information
Disclosures/Documents
Estoppel Certificate, Disclosure Package Available, Preliminary Title Report
Listing Service
Limited Service
Mortgage Info
Mortgage Calculator