3831 Annadale Ln Sacramento, CA 95821

Listing agency Marcus & Millichap | Oakland s***@marcusmillichap.com Show Phone

Listed by Sutter McLoughlin · License #License(s): CA: 02086137 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 2:58AM

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Investment Insights

Based on property information with market context.

Sundance Garden is a well-maintained 40-unit multifamily community situated across two parcels. The property has undergone extensive interior and exterior renovations. The unit mix includes 2 studios, 10 one-bedroom units, and 28 two-bedroom units. Thirty-three units have been upgraded with LVT flooring, granite countertops, new cabinetry, and stainless steel appliances. Exterior improvements include refreshed landscaping designed for low-maintenance operation and new exterior paint. The property provides 40 surface parking spaces, offering each resident an assigned stall. A new owner has the opportunity to complete the renovation program on the remaining seven units and capture additional rent upside. Current average in-place rents trail conservative market rents by approximately $184 per unit, supported by proven pro forma rents within the existing rent roll. Sundance Garden presents a stable asset with a light value-add component and a straightforward path for improving income and operations.

Key Highlights

• Significant rent upside potential by completing renovations.
• 33 units already renovated with LVT flooring, granite countertops, new cabinetry, and stainless steel appliances.
• Well‑maintained 40‑unit multifamily community with a diverse unit mix.

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FAQs

What type of property is this?

Apartment building - Well-maintained 40-unit multifamily property with renovation upside.

Where is this apartment building located?

The property is located at 3831 Annadale Ln Sacramento, CA.

What is the asking price?

The asking price for this property is $7,500,000.

What are key features of this property?

This property features: Significant rent upside potential by completing renovations.; 33 units already renovated with LVT flooring, granite countertops, new cabinetry, and stainless steel appliances.; Well‑maintained 40‑unit multifamily community with a diverse unit mix.