Repositioned Multifamily
3000 T ST Sacramento, CA 95816
3000 T ST, Sacramento, CA, 95816
Contact for pricing
For Sale
Contact for pricing
Newly completed adaptive-reuse building with ten fully leased units, modernized systems, and 100% occupancy.
Property Size7,900 SF
Price / SF$399.58
Days on Market36
Property Features for 3000 T ST
General Information
- Standard status
- Active
- Size
- 7,900 SF
- Property subtype
- Multifamily, Office
Building Details
- Year Built
- 1981
Listing Agency
PDF Commercial
(916) 714-8012
Listed by
Jon Bias · License #01998325
Source
Crexi
Added: Jun 15 Updated: Jul 10 at 2:02 pm Checked: Jul 19 at 8:52 am
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 PDF Commercial
Investment Insights
Based on property information with market context.
3000 T St is a newly completed adaptive-reuse multifamily property consisting of ten fully leased residential units. Originally an office property, the building was comprehensively repositioned to residential, with substantial upgrades to major building systems and interior components. Improvements include MEP infrastructure updates, roof improvements, interior finish upgrades, accessibility components, and contemporary residential amenities designed to support day-to-day living.
The property is located strategically between Midtown and East Sacramento within Sacramento’s core infill neighborhoods, with access to Downtown Sacramento and nearby employment and healthcare destinations, including UC Davis Medical Center. The asset also benefits from proximity to major regional routes, including Highway 50 and Business 80, supporting convenient connectivity to the broader Sacramento metro area.
Currently 100% occupied following lease-up completion, the building is presented as a stabilized, low-maintenance multifamily investment with limited anticipated near-term capital requirements. The unit mix was intentionally designed to appeal to a broad tenant demographic seeking proximity to Midtown, East Sacramento, Downtown, and major regional employment hubs. For buyers evaluating the immediate area, an adjacent parcel to the north is in the entitlement process for a proposed 28-unit multifamily development, which may further contribute to increased residential density in the surrounding corridor.
The property is located strategically between Midtown and East Sacramento within Sacramento’s core infill neighborhoods, with access to Downtown Sacramento and nearby employment and healthcare destinations, including UC Davis Medical Center. The asset also benefits from proximity to major regional routes, including Highway 50 and Business 80, supporting convenient connectivity to the broader Sacramento metro area.
Currently 100% occupied following lease-up completion, the building is presented as a stabilized, low-maintenance multifamily investment with limited anticipated near-term capital requirements. The unit mix was intentionally designed to appeal to a broad tenant demographic seeking proximity to Midtown, East Sacramento, Downtown, and major regional employment hubs. For buyers evaluating the immediate area, an adjacent parcel to the north is in the entitlement process for a proposed 28-unit multifamily development, which may further contribute to increased residential density in the surrounding corridor.
Key Highlights
- 10‑unit multifamily property from 1981 with a newly completed office‑to‑residential adaptive reuse
- 100% occupied with all units leased following lease‑up completion
- Offered at a 5.25% cap rate based on in‑place income
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $237.0k | $30.00 |
| − Vacancy | −$11.4k | −$1.44 |
| EGI | $225.6k | $28.56 |
| − OpEx | −$101.5k | −$12.85 |
| NOI | $124.1k | $15.71 |
7,900 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.07M
NOI $124,093 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.86M – $2.48M
NOI $148,599 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Offices of John ...
Law Firm
Visa Earth - The Law ...
Law Firm
Donald P Dorfman ...
Law Firm
Dr. Hengameh Roohi
Physician
Pamela H Lcsw ...
Foster Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Newly completed adaptive-reuse building with ten fully leased units, modernized systems, and 100% occupancy.
Where is this apartment building located?
The property is located at 3000 T ST Sacramento, CA.
What is the asking price?
The asking price for this property is $3,156,717.
What are key features of this property?
This property features: 10‑unit multifamily property from 1981 with a newly completed office‑to‑residential adaptive reuse; 100% occupied with all units leased following lease‑up completion; Offered at a 5.25% cap rate based on in‑place income
