Sacramento Apartment Complex For
714 - 728 Darina Ave Sacramento, CA 95815
714 - 728 Darina Ave, Sacramento, CA, 95815
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For Sale
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20-unit apartment complex with spacious one-bedroom units in Sacramento.
Property Size10,382 SF
Price / SF$240.80
Days on Market783
Property Features for 714 - 728 Darina Ave
General Information
- Standard status
- Active
- Size
- 10,382 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing Agency
Baniqued Commercial Real Estate
(510) 222-0900
Listed by
Brian Baniqued · License #CA
Source
Crexi
Added: May 29, 2024 Updated: Jul 6 at 7:49 am Checked: Jul 19 at 6:25 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 Baniqued Commercial Real Estate
Investment Insights
Based on property information with market context.
This apartment complex features 20 spacious one-bedroom, one-bathroom units, suitable for comfortable living. The apartments have been freshly painted, creating a clean and inviting atmosphere. The bedrooms are generously sized, providing ample space for relaxation. The living rooms are also spacious, offering a versatile area for entertaining or unwinding. Appliances are included in each unit. Parking is available for residents, ensuring convenience and ease of access. The property size is 10382 square feet.
Key Highlights
- Apartment complex with 20 units, ideal for investment or scaling.
- Spacious 1‑bedroom, 1‑bathroom units offering comfortable living.
- Freshly painted interiors provide a clean and inviting atmosphere.
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 | $311.5k | $30.00 |
| − Vacancy | −$15.0k | −$1.44 |
| EGI | $296.5k | $28.56 |
| − OpEx | −$133.4k | −$12.85 |
| NOI | $163.1k | $15.71 |
10,382 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.33M
$2.04M – $2.72M
NOI $163,080 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.79M
$2.44M – $3.25M
NOI $195,285 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Darina apartments
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 20-unit apartment complex with spacious one-bedroom units in Sacramento.
Where is this apartment building located?
The property is located at 714 - 728 Darina Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Apartment complex with 20 units, ideal for investment or scaling.; Spacious 1‑bedroom, 1‑bathroom units offering comfortable living.; Freshly painted interiors provide a clean and inviting atmosphere.
