For Sale
$2,400,000
6201 Martin Luther King Jr Blvd Sacramento, CA 95824
16-Unit Apartment Building, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- 16-unit apartment building in Sacramento, CA.
- 10,256 square feet on a 0.47-acre lot.
- $2,400,000 asking price ($150,000/unit, $234/SF).
- Strong NOI of $155,427 and a 6.48% cap rate.
- 18 on-site parking spaces.
- RD-30 zoning.
Property Details for 6201 Martin Luther King Jr Blvd
- Property type
- Apartment buildings
- Square Feet
- 10,256 SF
- Year Built/Renovated
- 1958/2010
- Stories
- 2
- Lot Size (sq. ft)
- 20,473 SF
- Units
- 16
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.513758
- Longitude
- -121.4642983
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 16-Unit Apartment Building, High ROI
- Where is the apartment building located?
- The property is located at 6201 Martin Luther King Jr Blvd Sacramento, CA.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: 16-unit apartment building in Sacramento, CA.; 10,256 square feet on a 0.47-acre lot.; $2,400,000 asking price ($150,000/unit, $234/SF).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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