2611 Alhambra 6 Unit Apartment Building $1,924,236 CAD ($320,706 CAD/Unit) 4.63% Cap Rate Sacramento, CA 95817
INVESTMENT HIGHLIGHTS
- No Deferred Maintenance
- Great Location
- Great Unit Mix
- Value Add Opportunity
EXECUTIVE SUMMARY
2611 Alhambra Blvd | Three Separate Buildings | Upside Opportunity
This well-maintained, fully updated 6-unit multifamily property offers investors a turnkey, cash-flowing asset with significant value-add potential. Comprised of three separate buildings, this property provides the flexibility to either operate as a stabilized investment or subdivide into three individual parcels for future disposition at a higher price per unit.
Prime Location | Strong Tenant Demand
Situated just off Alhambra Blvd, this property is in a high-demand rental market with excellent access to local amenities, dining, and public transportation.
This is a rare opportunity to acquire a turnkey investment with multiple exit strategies—whether holding for cash flow or capitalizing on parcel separation for increased ROI.
This well-maintained, fully updated 6-unit multifamily property offers investors a turnkey, cash-flowing asset with significant value-add potential. Comprised of three separate buildings, this property provides the flexibility to either operate as a stabilized investment or subdivide into three individual parcels for future disposition at a higher price per unit.
Prime Location | Strong Tenant Demand
Situated just off Alhambra Blvd, this property is in a high-demand rental market with excellent access to local amenities, dining, and public transportation.
This is a rare opportunity to acquire a turnkey investment with multiple exit strategies—whether holding for cash flow or capitalizing on parcel separation for increased ROI.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $1,924,236 CAD |
| Price Per Unit | $320,706 CAD |
| Sale Type | Investment |
| Cap Rate | 4.63% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,346 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.38/1,000 SF |
UNIT AMENITIES
- Cable Ready
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Tub/Shower
- Carpet
- Double Pane Windows
- Family Room
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Gas Range
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 800 |
1 of 1
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 010-0305-001 | Total Assessment | $1,636,646 CAD (2024) |
| Land Assessment | $294,593 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,342,053 CAD (2024) | Tax Year | 2025 |
ZONING
| Zoning Code | R-2B |
