North Coast Commercial
608 University Ave
Sacramento, CA 95825
916-979-9930
www.NCC1031.com
23rd St Apartments | Sacramento, CA
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1520 23rd St
Sacramento, CA 95816
Purchase Price
$630,000
Cap Rate
5.37%
Property Type
MultiFamily
Rentable Square Feet
4,025
Price per Unit
$90,000.00
Number of Units
7
Floors
2
APN
00702540140000
Property Description
1520 23rd St Apartments consist of six 1 Bedroom 1 Bathroom units and a Studio. The building is within walking distance to Sacramento's best restaurants and entertainment venues. This pride of ownership building boasts spacious floor plans and an opportunity to raise rents.
Midtown Sacramento is a largely residential community with tree-lined streets and old Victorians. It is also the center of Sacramento's art, music, and cultural scene. Boutiques, bars, clubs, upscale, and casual dining abound. Midtown has the only winery located in the greater Sacramento urban area Midtown hosts an art walk on the second Saturday of each month which attracts thousands of metropolitan residents.