Address: 10273 Mills Station Rd, Rancho Cordova, CA 95670, USA
Created date: April 18, 2024
Date last updated: September 5, 2024
- 3-bedroom / 2-bathroom townhouse style units with patios
- 16 fully renovated units, 5 partially renovated units
- In Unit Washers and Dryers hook ups
- Central AC and Heating
- Covered On-Site Parking
- Secure Gated Community
Property Description
The Rudas Gebregiorges team is pleased to be retained as the exclusive advisor for the sale of the Oceana Townhomes. This 21-unit apartment complex consists of spacious loft-style units which all feature a 3 bedroom and 2 bathroom layout. The property has undergone a variety of capital improvements in recent years and the majority of the units have been fully renovated.
The residents can enjoy easy access to the US-50 Freeway and various restaurants located in close proximity. Due to its convenient location and attractive unit layouts, Oceana Townhomes benefit greatly from low vacancy rates and high tenant demand. With strong in-place rents, the property can achieve attractive financing and further rental upside with the capture of 19% in loss to lease.