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Description
An investor opportunity to acquire a stable and fully renovated Residential/Mixed-Use investment in East Sac, a highly desirable and sought after neighborhood/submarket in Sacramento. 3007-3015 J is comprised of 10 tenants (4-apts/6-retail), in 3 freestanding buildings, on 2 contiguous parcels totaling .29/acre. All units are leased to working professionals, with current rents approximately 10-15% below market. 3007-3015 J has tremendous exposure and is accessed with over 80 feet of J St frontage, and by the way of Improve alley to the north. This prime, long-term investment is priced at $3,625,000 or an in place 4.58% Cap Rate. Property financial Proforma linked through URL.
Location
Listing Agent: Kelly Rivett Courtesy of: Cornish & Carey Commercial The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than MLSListings Inc are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2022 MLSListings Inc. All rights reserved. http://www.mlslistings.com/ Updated: 19th May, 2022 9:50 PM (UTC)
