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Property profile & analytics
OFF-MARKET
Estimated value
$15,685,000
Apartment buildings
401 Westacre Rd West Sacramento, CA 95691-2670
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1478823
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
69,552 SF
Lot
5.07 ac (220,849 SF)
Zoning code
R-2
APN
008-290-007-000
UPID
US09-1478823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Meadowbrook Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.92M
CAP Approach
CAP
$13.93M
Comparable Approach
Comparable
$21.11M
Blend (final)
Blend
$15.69M
Owner & transaction history
401 Meadowbrook LP · 4 yrs held
401 Meadowbrook LP
since 2021
Last sale
$16.0M
7 recorded transactions
Zoning & alternative use
R-2 · West Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$20.8M
+20.4%
Commercial (general)
$20.4M
+18.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Sacramento submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$19,430,000
ML approach
$12,920,000
CAP Approach
CAP Return
Estimation
6%
$15,085,000
6.5%
$13,925,000
7%
$12,930,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,245,000
Current use
OFFICE BUILDING
$20,765,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$20,350,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,825,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$15.69M
Range $14.12M – $17.25M · ±10% · vs last sale $16.00M (Dec 27 2021)
Last sale anchor
$16.00M
Dec 27 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$226 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$196,820
Tax year 2023
Assessed value
$16,335,468
Assessed 2023
Previous assessed
$16,335,468
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$14,295,468
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Total area
69,552 SF
Lot
5.07 ac (220,849 SF)
Zoning code
R-2
APN
008-290-007-000
UPID
US09-1478823
Jurisdiction
YOLO
Zoning & alternative use
R-2 · West Sacramento, CA
Zoning R-2 · permitted uses
R-2 · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$17.2M
OFFICE BUILDING
Est. value
$20.8M
COMMERCIAL (GENERAL)
Est. value
$20.4M
AUTO REPAIR, GARAGE
Est. value
$14.8M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Lot
5.07 ac
Current owner
From public records · entity-resolved
401 Meadowbrook LP
Entity
Mailing address
2191 MARKET ST STE A, SAN FRANCISCO, CA 94114-4305
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
401 Meadowbrook LP
—
Deed
related
$21,551,200 · Dwight Capital LLC
Dec 27, 2021
$16,000,000
401 Meadowbrook LP
Sdi Meadowbrook LLC
Grant Deed
$19,255,199 · Dwight Mortgage Trust LLC
May 22, 2020
—
Sdi Meadowbrook LLC
—
Deed
related
$6,000,000 · Jp Morgan Chase Bk
Apr 30, 2002
—
Sdi Meadowbrook LLC
San Diego Investors Ltd
Grant Deed
$4,180,000 · American Property Financing
Nov 26, 1997
—
Alcurt Reality Group INC
Fidelity Federal Bank
Grant Deed
$1,500,000 · Individual
Jun 24, 1997
$1,761,818
Hancock Savings Bank
Christensen,norman M & Sarah N
Trustees Deed
related
—
Sep 12, 1996
—
Honcal Investments INC
Patterson,ron
Grant Deed
related
—
May 19, 1995
—
Ron Patterson
West,william B
Grant Deed
related
—
—
—
Sdi Meadowbrook LLC
—
Deed Of Trust
related
$6,000,000 · Jp Morgan Chase Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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