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Property profile & analytics
OFF-MARKET
Estimated value
$22,170,000
Apartment buildings
941 43rd Ave Sacramento, CA 95831-1309
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US10-2947215
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1970
Construction
WOOD
Total area
102,930 SF
Lot
4.87 ac (212,137 SF)
Zoning code
R-3
APN
029-0243-008-0000
UPID
US10-2947215
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
-
The Davenport Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.17M
Owner & transaction history
29sc Davenport LP · 5 yrs held
29sc Davenport LP
since 2020
Last sale
$22.5M
7 recorded transactions
Zoning & alternative use
R-3 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$29,725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$25,195,000
6.5%
$23,255,000
7%
$21,595,000
Blend value · Realmo final
$22.17M
Range $19.95M – $24.39M · ±10% · vs last sale $22.50M (Sep 23 2020)
Last sale anchor
$22.50M
Sep 23 2020
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
$215 / 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
$294,282
Tax year 2024
Assessed value
$23,877,179
Assessed 2024
Previous assessed
$23,877,179
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,608,107
Assessed improvement
$20,269,072
Applied tax rate
3.0000
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
1970
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
126
Total area
102,930 SF
Lot
4.87 ac (212,137 SF)
Zoning code
R-3
APN
029-0243-008-0000
UPID
US10-2947215
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-3 · Sacramento, CA
Zoning R-3 · permitted uses
R-3 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
126
Lot
4.87 ac
Current owner
From public records · entity-resolved
29sc Davenport LP
Entity
Mailing address
325 W MAIN ST, LOUISVILLE, KY 40202-4254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
$22,500,000
29sc Davenport LP
Amfp IV Wedgewood LLC
Grant Deed
$18,000,000 · Newmark Knight Frank
Jun 23, 2017
$14,800,000
Amfp IV Wedgewood LLC
Wedgewood Apartments LLC
Grant Deed
related
—
Mar 27, 2013
$8,000,000
Wedgewood Apartments LLC
Truwest Investment Group LP
Grant Deed
$5,675,000 · Greystone Servicing Corp
Dec 15, 2010
$6,100,000
Truwest Investment Group LP
Crp Properties INC
Grant Deed
—
Nov 17, 2010
$4,777,854
Crp Properties INC
California Reconveyance Co
Trustees Deed
related
—
Feb 16, 2007
—
Jaime M Gonzalez
Gonzalez,monica
Quit Claim Deed
related
$7,400,000 · Washington Mutual Bank
Aug 2, 2005
—
Jaime Gonzalez
Irene S Stewart
Grant Deed
$7,207,500 · Washington Mutual Bank
Feb 14, 2001
—
Green Trust
Green,jerry M & Donna R
Quit Claim Deed
related
—
Jan 16, 2001
$8,100,000
Stewart Trust
Wedgewood Commons Apartments
Grant Deed
$6,075,000 · California Federal Bank
Jan 27, 2000
—
Wedgewood Commons Apartments
Aydelotte,william L
Grant Deed
$5,207,625 · City National Bank
May 19, 1994
—
Brickyard Co II
Web Service Co I
Quit Claim Deed
related
—
Oct 29, 1990
$4,710,000
Exchange Advanta
Brickyard Co II
Trustees Deed
—
—
—
Willia Aydelotte
—
Deed Of Trust
related
$3,190,000 · Citibank Fsb
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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