Value-Add Multifamily
1601 Cormorant Way Sacramento, CA 95815
For Sale
Contact for pricing
Pending
Ashley Place is a 48-unit multifamily property built in 1962 with value-add renovation potential.
Days on Market104
Property Features for 1601 Cormorant Way
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
eXp Commercial of California Inc.
Listed By:
Brett Swarts · License #CalBRE# 01774876
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 6:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial of California Inc.
Investment Insights
Based on property information with market context.
Ashley Place is a 48-unit multifamily property constructed in 1962. The offering highlights value-add opportunities through interior unit renovations, along with enhancements to common areas and improvements to operations.
The property is located in the Arden/Arcade submarket of Sacramento. The remarks describe the area as a highly desirable rental market and note it as the fastest-growing city in California.
For buyers and investors focused on repositioning, this property presents a straightforward framework centered on unit and common-area upgrades and operational improvements, supported by the 1962 build date and the stated renovation focus.
The property is located in the Arden/Arcade submarket of Sacramento. The remarks describe the area as a highly desirable rental market and note it as the fastest-growing city in California.
For buyers and investors focused on repositioning, this property presents a straightforward framework centered on unit and common-area upgrades and operational improvements, supported by the 1962 build date and the stated renovation focus.
Key Highlights
- 48‑unit multifamily property (Ashley Place) built in 1962
- Value‑add renovation potential with interior unit renovations
- Includes the opportunity to enhance common areas and improve operations
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Ashley Place is a 48-unit multifamily property built in 1962 with value-add renovation potential.
Where is this apartment building located?
The property is located at 1601 Cormorant Way Sacramento, CA.
What are key features of this property?
This property features: 48‑unit multifamily property (Ashley Place) built in 1962; Value‑add renovation potential with interior unit renovations; Includes the opportunity to enhance common areas and improve operations
