4661 Orange Grove Ave
Sacramento, CA 95841
Purchase Price
$4,775,000
Cap Rate
6.26%
Property Type
MultiFamily
Rentable Square Feet
30,600
Price per Unit
$103,804.35
Number of Units
46
Floors
2
Zoning
R-1
APN
Property Description
Orange Grove Apartments is a  46 unit apartment community in close proximity to American River College. The building consists of (20) 2 Bedroom 1 Bathroom units, (24) 1 Bedroom 1 Bathroom units, and (2) Studio units.  Interior amenities include wall heat & air, gas stoves, dishwashers, disposals, refrigerators, ceiling fans and large walk-in closets. Approximately 29 of the units have updated interiors with vinyl plank flooring throughout, granite kitchen counter tops, and new bathroom vanities.  3 of the structures have new roofs.

Exterior amenities include privacy gating, swimming pool, on-site laundry and plenty of off-street parking.

The complex is located in a very stable, well-established neighborhood in northeast Sacramento.  Within walking distance to American River College, bowling alley, skating rink, shopping outlets, grocery stores, pharmacies, and on 3 of the best RT Transit bus routes just 1/2 block away.
Presented by
Kevin Hemstreet
( 91) 6 5-63 7 150
hemstreet@scc1031.com
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