728-730 E St.
Sacramento, Ca 95814
Purchase Price
$2,200,000
Cap Rate
5.92%
Property Type
MultiFamily
Rentable Square Feet
6,600
Price per Unit
$183,333.33
Number of Units
12
Floors
3
Zoning
R-1
APN
00201020070000
Property Description
728-730 E St. is a 3-story, 12 unit apartment building, consisting of twelve large studio units. Each unit is approximately 550 Sq. Ft. The interior of the units have been remodeled with new vinyl plank flooring throughout, granite counter tops in the kitchen, and new bathroom vanities. The foundation has been retrofitted with anchor bolts. The building comes equipped with central air and heat as well as on site laundry.

Situated near 7th and E Streets in the desirable Mansion Flats portion of burgeoning Downtown Sacramento, the property is in the path of progress for this premier gentrifying sub market of California's Capitol. The building sits across 7th St. from the new Railyard Development & New Golden 1 Arena.
 The Railyards will be a mixed-use hub for entertainment, retail, housing, office, theaters, parks, hotels, and museums. The guiding plan for the area envisions the site to include over one million square feet of retail, 2.3 million square feet of office, a hotel, varying residential housing units, and recreational and cultural uses.        
Presented by
Kevin Hemstreet
( 91) 6 5-63 7 150
hemstreet@scc1031.com
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