2630 Darwin St, Sacramento, CA for sale

Investment Overview

Rod Ballinger of TRI Commercial, as the exclusive advisor, is pleased to present the opportunity to acquire 2630 Darwin Way, a 12-unit garden-style apartment community located in Sacramento, CA. The property features a highly desirable unit mix with 66% two-bedroom units. Four units have been upgraded, leaving ten units for a new investor to upgrade to their desired standard. Current rents are below market on over 50% of the units and 3 of the current tenants are eligible for rent increases. Eight units are single story cottage units with a fourplex in the rear of the property.

Investment Highlights

• Desirable unit mix with two-thirds of the units comprised of two-bedroom units
• Eight units feature single story apartment homes
• Below market rents
• Units eligible for rent increases
• Less than 10 minutes to Downtown Sacramento
• 1 mile from Arden Fair Mall
• Easy access to Interstate 80
• Avg In place rents $1,381 and Avg Market Rents $1,555