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6004-6012 Gloria Dr

12 Unit Apartment Building $4,583,841 CAD ($381,987 CAD/Unit) 5.50% Cap Rate Sacramento, CA 95822

Executive Summary

A well kept pride of ownership investment opportunity located in one of the most desirable submarkets in the Sacramento Metropolitan region, 12 units apartment complex consists of 3 buidings - 4 units each. All units are 2 bedrooms/one bath, 850 sqft , some units have porch and or balcony. Some units has been updated throughout the years. The property is minutes from downtown and part of the prestigious Pocket/landpark/Greehaven area with close access to the Sacramentio River. Please DO NOT GO DIRECT OR ACCESS THE PROPERTY WITHOUT PRIOR APPROVAL AND ACCOMPANIED BY LISTING AGENT
Tenants are not aware that the property is listed for sale. Call agent Ramzi Salameh at 9163003435 with any questions. Financials can be sent to you upon request. No low ball offers please. Property has an assumable loan with Chase Bank at 3.0% interest rate. Cap rate is around 5.5% based on new property tax rate. Rents between $1450-$1895 range https://johnturtonphoto.aryeo.com/sites/6012-gloria-dr-sacramento-ca-95822-11907903/branded

Property Facts

Price $4,583,841 CAD
Price Per Unit $381,987 CAD
Sale Type Investment
Cap Rate 5.50%
Sale Conditions 1031 Exchange
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.69 AC
Building Size 10,710 SF
Average Occupancy 100%
No. Stories 2
Year Built 1983
Parking Ratio 1.25/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Microwave
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 - -
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029-0184-012
Land Assessment
$388,029 CAD
Improvements Assessment
$1,250,327 CAD
Total Assessment
$1,638,355 CAD

zoning

Zoning Code R2A, Sacramento (Residential Multi-Family)
R2A, Sacramento (Residential Multi-Family)
  • Listing ID: 33358443

  • Date on Market: 2024-09-30

  • Last Updated:

  • Address: 6004-6012 Gloria Dr, Sacramento, CA 95822

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