6601 44Th St Sacramento, CA 95823
- Commercial real estate
- 6.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6601 44Th St
- Lot size
- 6.93 lot acres
- Property type
- Commercial real estate
Description
This exceptional 120-unit apartment building presents a compelling value-add investment opportunity in Sacramento, California. Situated on a 6.93-acre lot at 6601 44th Street, zip code 95823, this property comprises thirteen two-story buildings. Recent capital improvements significantly enhance its value and potential. These upgrades include brand new roofs across all thirteen buildings, stainless steel kitchen sinks in 40 units, upgraded electrical panels throughout, and new toilets and faucets in every unit. Further improvements include the installation of double-pane windows for superior insulation and energy efficiency, along with new window air conditioning units in all units. The property's convenient location offers residents easy access to schools, shopping centers, and Highway 99. The planned reopening of the on-site laundry room will provide added convenience for tenants and generate supplemental income. This multifamily complex presents a rare opportunity to acquire a well-located, significantly improved asset with substantial upside potential. The property is currently configured as a 120-unit apartment building, offering a strong foundation for future growth and profitability. This is a value-add investment, presenting a chance to increase returns through further enhancements and operational improvements. The property's size and location make it an attractive investment for experienced real estate investors seeking a strong return on investment in a desirable California market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4543219369
- Latitude
- 38.505916946989
