North Coast Commercial
608 University Ave
Sacramento, CA 95825
916-979-9930
www.NCC1031.com
Ruth Court Apartments | Sacramento, CA
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110 Ruth Court
Sacramento, CA 95819
Purchase Price
$637,500
Cap Rate
5.10%
Property Type
MultiFamily
Rentable Square Feet
3,000
Price per Unit
$106,250.00
Number of Units
6
Floors
1
APN
00501420200000
Property Description
110 Ruth Court is located on a quiet cul de sac in the prestigious neighborhood of East Sacramento. The building consists of Six 1 Bedroom 1 Bathroom Apartments. The property is equipped with a spacious laundry room as well as a large parking lot. This is a Unique opportunity to own investment property in East Sacramento. There is lots of upside on the rent rolls. The interiors have been updated with tile flooring.
Greater East Sacramento and River Park are highly sought after neighborhoods due partly to their central freeway location, proximity to the Midtown area and the State Capital corridor. East Sac home prices have seen the largest price appreciations relative to size of any area in Sacramento. Additionally the Midtown factor, an area which has seen an explosion in the number of fine dining offerings, monthly social events and public art and performance offerings, weighs heavily on the popularity of East Sac due in part to its relative ease of access to this area via bike, public transportation or just walking. Schools, community activities, a relative sense of security and the number of outdoor, social and recreational diversions make for a pleasant mix of outdoor offering that encourage and foster a strong sense of community.