McClellan Court Apartment
For Sale
Contact for pricing
Pending
3430 Freedom Park Dr, North Highlands, CA 95660
Apartment property with renovation scope across a defined portion of the unit mix.
Property SizeContact for details
Days on Market146
Property Features for 3430 Freedom Park Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Walker & Dunlop
Listed By:
Marc Andenmatten · License #CA 01956176
Source:
Crexi
Added: Apr 11
Changed: Sep 1
Last Checked: Sep 1 at 8:30AM
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 Walker & Dunlop
Investment Insights
Based on property information with market context.
McClellan Court is an apartment building with 44 units remaining for renovation, representing 30% of the unit mix. The renovation plan is tied to bringing those units to market-rate rents, with a stated premium of $125 to $140 per renovated unit; monetary figures are excluded from this listing copy.
The property is located at 3430 Freedom Park Dr in North Highlands, California. In-place rents are associated with a projected day-one cash-on-cash return of 12.0%. Based on all units reaching market-rate rents after renovation, the projected cap rate is 6.35%.
The property is located at 3430 Freedom Park Dr in North Highlands, California. In-place rents are associated with a projected day-one cash-on-cash return of 12.0%. Based on all units reaching market-rate rents after renovation, the projected cap rate is 6.35%.
Key Highlights
- 12.0% projected day‑one cash‑on‑cash return based on in‑place rents
- 44 units remain for renovation, representing 30% of the unit mix
- 6.35% projected post‑renovation cap rate based on market‑rate rents across all units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 95660, CA
35,368
Population
11,433
Households
3.1
Avg Household Size
34
Median Age
11%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
5,526
Density / Sq Mi
$66,957
Median Household Income
$36,426
Median Earnings
$1,650
Median Rent
$330,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with renovation scope across a defined portion of the unit mix.
Where is this apartment building located?
The property is located at 3430 Freedom Park Dr North Highlands, CA.
What are key features of this property?
This property features: 12.0% projected day‑one cash‑on‑cash return based on in‑place rents; 44 units remain for renovation, representing 30% of the unit mix; 6.35% projected post‑renovation cap rate based on market‑rate rents across all units
