SoldDec 20, 2019

Listed by Brett Swarts

2122 S St, Sacramento, CA, 95816

$1,893,000

13
5
3450 sq. ft.
6534 sq. ft.

MultiFam

30+ days on the market

Sold: Dec 20, 2019

What's around 2122 S St

About this property

Commercial Realty Apartment Advisors is pleased to present the opportunity to purchase 2122 S Street, a 7-unit multifamily property in Downtown/Midtown Sacramento, CA. Most investors struggle with finding multifamily investment properties to purchase with high-quality interior upgrades and three and two-bedroom units while having an opportunity to raise rents in what is known as the number one submarket for rent growth and upside in the entire Sacramento Region and recently the top national rent growth market in the nation. 2122 S Street is the rare find as it features meticulously fully renovated (1) three-bedroom 1100 square foot unit, (4) two-bedroom 900 square foot units and (2) one-bedroom 550 square foot units with new flooring, fixtures, counter-tops, cabinets, bathrooms in an excellent thriving Downtown/Midtown Sacramento location.

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Seller's review

almost 3 years ago

Knowledgeable, Reliable and Honest

I can't recommend Brett Swarts highly enough! As someone navigating the intricate maze of real estate investment, my situation was further complicated by a partnership separation. My partner needed his half of the cash at closing, which scuttled our plans to purchase 21 units we had lined up. This is where Brett stepped in with unparalleled expertise. Not only did he sell my property for an excellent price, but he also provided creative solutions for deferring capital gains tax—without resorting to a 1031 exchange, which wasn't an option for us due to the immediate cash requirement. His nuanced understanding of the Deferred Sales Trust, 1031 exchange and investment strategies saved the day. His knowledge goes beyond traditional methods, offering innovative solutions that unlock freedom and flexibility for investing vs being stuck in a 1031 exchange timeline. (capitalgainstaxsolutions.com) What really sets Brett Swarts apart is his consultative approach. He took the time to understand the unique challenges posed by my partnership and guided me through a labyrinth of options. If you're in a complex real estate situation and need not just a broker, but a trusted advisor, look no further than Brett Swarts.

S
Steve
Seller

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