2630 Darwin St
- Desirable unit mix with two-thirds of the units comprised of two-bedroom units
- Eight units feature single story apartment homes
- Below market rents
- Units eligible for rent increases
- Less than 10 minutes to Downtown Sacramento
- 1 mile from Arden Fair Mall
- Easy access to Interstate 80
- Avg In place rents $1,381 and Avg Market Rents $1,555
Property Description
Rod Ballinger of TRI Commercial, as the exclusive advisor, is pleased to present the opportunity to acquire 2630 Darwin Way, a 12-unit garden-style apartment community located in Sacramento, CA. The property features a highly desirable unit mix with 66% two-bedroom units. Four units have been upgraded, leaving ten units for a new investor to upgrade to their desired standard. Current rents are below market on over 50% of the units and 3 of the current tenants are eligible for rent increases. Eight units are single story cottage units with a fourplex in the rear of the property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,600,000 |
| No. of Units: | 12 |
| Year Built: | 1955 |
| Lot Size: | 0.60 Acres |
| Opportunity Zone: | No |
| Price per unit: | $133,333 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3304 N Howard Avenue
Fresno, California
1642 S Orange Dr
Los Angeles, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout