Investment Overview
ALIVE Commercial Real Estate is pleased to present 3222 2nd Avenue, an eight-unit apartment community located in Sacramento, California.
The property is comprised of eight spacious one-bedroom/one-bathroom units, each approximately 700 square feet. The majority of the units have been recently renovated with laminate flooring, updated bathroom fixtures, modern cabinetry, new kitchen appliances, and in-unit washer/dryers—allowing new ownership to benefit from immediate operational efficiencies and enhanced tenant demand.
The building features a durable stucco exterior, pitched composition shingle roof, dual-pane windows, and controlled access. New ownership will acquire a stabilized asset with a clearly defined value-add strategy through completion of renovations on the remaining units and the ability to achieve meaningful rent premiums in a supply-constrained submarket.
Investment Highlights
- Well-Maintained & Improved Eight-Unit Multifamily Building.
- Quartz Countertops, Brushed Nickel Hardware, Stainless Steel Appliances, Updated Lighting Fixtures, and In-Unit Washer/Dryer in Renovated Units.
- Excellent Location, Walking Distance to Broadway Triangle, and Close Proximity to Midtown/Downtown Sacramento.
- Stabilized Asset with Proven Value-Add Strategy.
- Poised For Continued Rent Growth & Price Appreciation Due to Desirable Location.