3120 Howe AVE, Sacramento, CA, CA 95821
- $3,700,000
- List Price
- $3,700,000
- Status
- ACTIVE
- MLS#
- 41142692
- County
- Sacramento
- Year Built
- 1972
- Square Feet
- 35,112
- Days on Market
- 6
- Property Type
- Multifamily
Property Description
Golden Tee Apartments offers investors the rare opportunity to acquire a well-maintained 25-unit multifamily community located in the highly desirable Arden-Arcade submarket of Sacramento. Situated along the prominent Howe Avenue corridor, the property benefits from exceptional visibility, strong tenant demand, and convenient access to the region's largest employment, retail, and healthcare centers. The property's central location places residents within minutes of Arden Fair Mall, California State University, Sacramento, Kaiser Permanente Medical Center, Cal Expo, and the Business 80 and Highway 50 freeway corridors. This highly accessible location continues to attract a diverse renter base seeking proximity to employment, education, shopping, dining, and entertainment. Golden Tee Apartments presents investors with the opportunity to acquire a stable cash-flowing asset while capitalizing on continued rental growth and operational upside.
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Additional Information
- Parcel Number
- 2660032022000
- Gross Scheduled Income
- $425,000
- Operating Expense
- 134169
- Net Operating Income
- $272,264
- Heat
- Forced Air, Wall Furnace
- Cooling
- Yes
- Exterior Construction
- Stucco, Wood Siding
- Roof
- Shingle
Listing courtesy of Listing Agent: Jonathan Minerick (info@homecoin.com) from Listing Office: HOMECOIN.COM.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.