Value Add Garden Style Apartments

2229 Edison Ave, Sacramento, CA 95821, USA

INVESTMENT EXITED & EXCHANGED

$ 3,900,000

Investment Details

A spacious 64-unit apartment complex with first class amenities, the Oak Crest Apartment community offers an investor a property that is well occupied. The mix of studio, 1 and 2 bedroom recently renovated apartments attract various tenants.

The property is located in the Sacramento sub-market of Arden Arcade. With ease of access to Interstate 80 and being only ten minutes from downtown Sacramento and 20 minutes from Roseville, this central location is perfect for an apartment community.


  • Gated access community

  • New appliances

  • Sparkling pool

  • Highly motivated seller

  • High occupancy - remaining vacancy will lead to NOI growth upon lease-up


We'd love to tell you more about our experience with this property. For more information please contact Bob Clippinger at bob@cip-inc.com.

Investment Stats

-53.12%

Return on Investment

-4.14%

Annual Return on Investment

2X

Annual Rate of Return

$100K

Minimum Down

Property Details

Property Type

Multi-Family

# of Units

Target Hold Time

10 Years+

Total Square Footage

45,350

Target Cash Investment

Status

INVESTMENT EXITED & EXCHANGED

Property Location

2229 Edison Ave, Sacramento, CA 95821, USA