Eight-Unit Apartment
For Sale
$1,799,999
2643 Furmint Way, Rancho Cordova, CA 95670
Renovated residences offer private laundry, on-site parking, and convenient access to nearby light rail.
Property Size7,408 SF
Price / SF$242.98
Days on Market58
Property Features for 2643 Furmint Way
General Information
Standard status
Active
Size
7,408 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Amenities
in-unit laundry
on-site parking
Building Details
Year Built
1965
Listing Agency:
Real Brokerage Technologies
(855) 450-0442
Listed By:
Jameel Batshon · License #01444446
(510) 714-0453
Source:
Exitrealty
Added: Aug 22
Changed: Oct 1
Last Checked: Oct 11 at 4:18AM
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 Real Brokerage Technologies
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Investment Insights
Based on property information with market context.
Located in Rancho Cordova, this eight-unit apartment property offers an entirely two-bedroom, one-bathroom unit mix. Residences average approximately 926 square feet, with in-unit laundry and on-site parking provided for residents. Most apartments have been renovated, and all eight electrical panels have been replaced.
The property is within walking distance of the Zinfandel light-rail station and minutes from Highway 50. Walmart, Safeway, Target, Ross, KP International Market, restaurants, shopping, and everyday services are located nearby. The address is 2643 Furmint Way, Rancho Cordova, CA 95670.
Built in 1965, the property combines a consistent floor plan with completed electrical upgrades, renovated units, private laundry, and access to public transportation. Bike Score is 67, Walk Score is 65, and Transit Score is 45.
The property is within walking distance of the Zinfandel light-rail station and minutes from Highway 50. Walmart, Safeway, Target, Ross, KP International Market, restaurants, shopping, and everyday services are located nearby. The address is 2643 Furmint Way, Rancho Cordova, CA 95670.
Built in 1965, the property combines a consistent floor plan with completed electrical upgrades, renovated units, private laundry, and access to public transportation. Bike Score is 67, Walk Score is 65, and Transit Score is 45.
Key Highlights
- Eight apartments, each with 2 bedrooms and 1 bathroom; units average approximately 926 square feet
- Every unit includes in‑unit laundry, with on‑site parking available
- All eight electrical panels have been replaced
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,883
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,660
$2.0M
Cap Rate 7%
$1,412,614
$1.4M
Cap Rate 9%
$1,098,700
$1.1M
Market Conditions
NOI Build-Up for 7,408 SF
Gross rent
$192.9K $26.04/SF
− Vacancy
−$13.1K −$1.77/SF
EGI
$179.8K $24.27/SF
− OpEx
−$80.9K −$10.92/SF
NOI
$98.9K $13.35/SF
Area
Sacramento County, CA
Vacancy
6.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,660
Cap Rate 7%
$1,412,614
Cap Rate 9%
$1,098,700
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.24M – $1.65M
NOI $98,883 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,147 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
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Business Placement
Demographics for 95670, CA
57,988
Population
22,779
Households
2.5
Avg Household Size
38
Median Age
32%
College-Educated
89%
High-School Grad
12.9 sq mi
ZIP Area
4,495
Density / Sq Mi
$90,414
Median Household Income
$47,271
Median Earnings
$1,693
Median Rent
$463,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated residences offer private laundry, on-site parking, and convenient access to nearby light rail.
Where is this apartment building located?
The property is located at 2643 Furmint Way Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Eight apartments, each with 2 bedrooms and 1 bathroom; units average approximately 926 square feet; Every unit includes in‑unit laundry, with on‑site parking available; All eight electrical panels have been replaced
