Apartment Townhome
7236 East Pkwy Sacramento, CA 95823
7236 East Pkwy, Sacramento, CA, 95823
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For Sale
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Pending
Ninety-unit apartment community with balconies, on-site laundry, leasing office, and a central pool plus 71 parking spaces.
Days on Market102
Property Features for 7236 East Pkwy
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Baniqued Commercial Real Estate
(510) 222-0900
Listed by
Brian Baniqued · License #CA
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 8:30PM Checked: Jul 20 at 8:30PM
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 Baniqued Commercial Real Estate
Investment Insights
Based on property information with market context.
Parkway Townhomes is a 90-unit apartment community offering a mix of studio, one-bedroom, and two-bedroom residences with balconies. The property includes 71 parking spaces, two on-site laundry sites, a leasing office, and a central communal area featuring a large swimming pool. Many units present opportunities for cosmetic and functional updates.
The community is located immediately near Parkway Estates in Sacramento County, with access to Downtown and Midtown within a 10-minute drive. Grocery and dining options are described as walkable, including Ranch 99, Starbucks, and Dutch Bros, along with big-box retail located across the 99 Freeway.
The unit mix is described as 9 studios, 9 small 1 bed/1 bath, 27 large 1 bed/1 bath, and 45 two bed/1.5 bath units. The property can be acquired free and clear of lienholder encumbrances or through an assumption option of approximately $7,000,000 at 3.25% until May 2027, subject to available terms.
The community is located immediately near Parkway Estates in Sacramento County, with access to Downtown and Midtown within a 10-minute drive. Grocery and dining options are described as walkable, including Ranch 99, Starbucks, and Dutch Bros, along with big-box retail located across the 99 Freeway.
The unit mix is described as 9 studios, 9 small 1 bed/1 bath, 27 large 1 bed/1 bath, and 45 two bed/1.5 bath units. The property can be acquired free and clear of lienholder encumbrances or through an assumption option of approximately $7,000,000 at 3.25% until May 2027, subject to available terms.
Key Highlights
- 90‑unit apartment community in Sacramento County with (9) studios, (9) small 1 bed/1 bath, (27) large 1 bed/1 bath, and (45) 2 bed/1.5 bath units with balconies.
- 71 parking spaces, plus two on‑site laundry sites and a leasing office for resident and leasing convenience.
- Central communal area includes a large swimming pool.
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Parkway Townhomes
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FAQs
What type of property is this?
Apartment building - Ninety-unit apartment community with balconies, on-site laundry, leasing office, and a central pool plus 71 parking spaces.
Where is this apartment building located?
The property is located at 7236 East Pkwy Sacramento, CA.
What are key features of this property?
This property features: 90‑unit apartment community in Sacramento County with (9) studios, (9) small 1 bed/1 bath, (27) large 1 bed/1 bath, and (45) 2 bed/1.5 bath units with balconies.; 71 parking spaces, plus two on‑site laundry sites and a leasing office for resident and leasing convenience.; Central communal area includes a large swimming pool.