For Sale

Listed by Michael Mathios from Cushman & Wakefield

Source: San Francisco Association of REALTORS #226113803

1200 South Avenue, Sacramento, CA, 95838

$1,100,000

12
1
12
3896 sq. ft.
20068.09 sq. ft.

MultiFam

•

30+ days on the market

What's around 1200 South Avenue

About this property

This Lender Owned property offers an opportunity for the next investor to purchase a well maintained investment of all 2 bedroom units currently averaging $1996/u/m. There is excess land in the back of the property that could developed into additional ADU's. Current collected rents are higher than market so there is a gain to lease benefit in the immediate term of ownership. When and if all units get traded out to market, the cap rate is 6.7%.

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