7501 Sunrise Blvd | Citrus Heights, CA 95610
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- LoopNet Team
7501 Sunrise Blvd
Citrus Heights, CA 95610
Auburn Oaks · Multifamily Property For Sale · 130 Units
Investment Highlights
- Auburn Oaks Apartments- 130-unit apartment community within Citrus Heights, one of the top submarkets for rent growth in the Sacramento market.
- Auburn Oaks currently fills a need in the community for transitional housing for income challenged elderly residents.
- Second highest population by age group within five miles is of 65-84 years old, coinciding with Auburn Oaks transitional approach to senior living.
- Located within the strong demographics of the Sacramento MSA, near Interstate 80 and less than 20 miles to the historic state capital.
- Current unit mix consists of 48 apartment units and 82 former assisted living units, totaling over 60,800 square feet.
- Potential for unit renovations and/or the redevelopment of the property to modern design standards, once the existing lease expires.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Class | C |
| No. Units | 130 | Lot Size | 3.43 AC |
| Property Type | Multifamily | Building Size | 110,873 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1977 |
| Sale Conditions | Auction Sale |
| No. Units | 130 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 3.43 AC |
| Building Size | 110,873 SF |
| No. Stories | 2 |
| Year Built | 1977 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 130 | - | - |
PROPERTY TAXES
| Parcel Number | 224-0090-005 | Improvements Assessment | $8,941,602 |
| Land Assessment | $1,375,631 | Total Assessment | $10,317,233 |
PROPERTY TAXES
Parcel Number
224-0090-005
Land Assessment
$1,375,631
Improvements Assessment
$8,941,602
Total Assessment
$10,317,233
zoning
| Zoning Code | RD20 |
| RD20 |
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