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Property profile & analytics
OFF-MARKET
Estimated value
$20,600,000
Apartment buildings
8099 Sunrise E Way Citrus Heights, CA 95610-8102
Entity Owned
19-yr Hold
Absentee Owner
Property ID
US09-3165216
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1976
Construction
WOOD
Total area
117,000 SF
Lot
7.06 ac (307,533 SF)
Zoning code
RD20
APN
243-0350-023-0000
UPID
US09-3165216
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.03M
Comparable Approach
Comparable
$19.50M
Blend (final)
Blend
$20.60M
Owner & transaction history
Sierra Chase Apartments LLC · 19 yrs held
Sierra Chase Apartments LLC
since 2006
7 recorded transactions
Zoning & alternative use
RD20 · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$30.5M
+8.4%
Auto repair, garage
$30.2M
+7.5%
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 Citrus Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citrus Heights 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,030,000
6.5%
$24,025,000
7%
$22,310,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$28,095,000
Current use
MEDICAL BUILDING
$30,460,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$30,210,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$27,330,000
Change: -3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$24,410,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$20.60M
Range $18.54M – $22.66M · ±10%
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
$176 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$94,695
Tax year 2024
Assessed value
$7,840,115
Assessed 2024
Previous assessed
$7,840,115
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,417,219
Assessed improvement
$5,422,896
Applied tax rate
6.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
144
Total area
117,000 SF
Lot
7.06 ac (307,533 SF)
Zoning code
RD20
APN
243-0350-023-0000
UPID
US09-3165216
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD20 · Citrus Heights, CA
Zoning RD20 · permitted uses
RD20 · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citrus Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$28.1M
MEDICAL BUILDING
Est. value
$30.5M
AUTO REPAIR, GARAGE
Est. value
$30.2M
COMMERCIAL (GENERAL)
Est. value
$27.3M
INDUSTRIAL (GENERAL)
Est. value
$24.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1976
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
144
Lot
7.06 ac
Current owner
From public records · entity-resolved
Sierra Chase Apartments LLC
Entity
Mailing address
1400 ROCKY RDG DR STE #150, ROSEVILLE, CA 95661-2828
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2017
—
Sierra Chase Apartments LLC
—
Deed
related
$11,400,000 · Jpmorgan Chase Bank NA
Nov 2, 2006
—
Sierra Chase Apartments LLC
Bentley Place Investors LLC
Grant Deed
—
Sep 26, 2000
$545,000
Bentley Place Investors LLC
Granite Exchange Services LLC
Grant Deed
—
Feb 29, 2000
$305,000
Granite Bay Exchange Services
Sierra Chase-foothills Investo
Trustees Deed
—
Feb 29, 2000
$18,000
Granite Bay Exchange Services
Ferguson & Brewer Investments
Trustees Deed
related
—
Feb 9, 2000
$225,000
Granite Bay Exchange Services
Swartz,james R & Maureen
Trustees Deed
related
$229,000 · Bentley Place Investors LLC
Feb 2, 2000
—
Sierra Chase-foothills Invest
Sierra Chase Apartments LLC
Quit Claim Deed
related
—
Feb 14, 1996
—
Sierra Chase Apartments
Elvidge, Ronald
Grant Deed
related
—
Jan 12, 1996
—
James R Swartz
Elvidae,ronald P
Grant Deed
related
—
Nov 7, 1991
$186,000
Ronald Elvidge
Hollingshead,pet
Grant Deed
—
Aug 5, 1991
$647,786
Decastro West Ch
Wm Sunrise Vista
Trustees Deed
related
—
Aug 5, 1991
$100,000
Hollingshead,pet
Decastro West Ch
Trustees Deed
related
—
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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