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The Trees at Madison 5101 Hackberry Ln

80 Unit Block of Flats £13,409,055 (£167,613/Unit) 5.57% Net Initial Yield Sacramento, CA 95841

Investment Highlights

  • 100% of units renovated with upgraded lighting and plumbing fixtures, granite countertops, stainless steel appliances, and plank-style flooring
  • Stable, well-run, investment-grade property
  • All roofs, siding, windows, and HVAC systems all new since 2016
  • 3.43% assumable debt available, contact agent for more information

Executive Summary

The Trees at Madison Apartments offers investors an opportunity to step into a stable, well-run operation of 80 units in the North Carmichael submarket in the Unincorporated County of Sacramento. The property sits atop 3.95 acres with parking throughout with unit balcony and patios overlook tastefully landscaped pathways and community spaces. Inside the apartments residents are treated to fully remodeled apartment homes, including newly upgraded lighting and plumbing fixtures, granite countertops, updated appliances, and plank-style flooring.
The Trees at Madison Apartments rests near the major suburban intersection of Madison Avenue and Auburn Blvd in the North Carmichael submarket. The location provides rapid access to all of Sacramento's major freeways and even more convenient to shopping with a Walmart Neighborhood Market one block away and Target less than a mile down the road. While the strategic location is a driver of rental demand and traffic, the property is set back on a residential street with gated access from Hackberry Lane. The result is a quiet and clean ambience without sacrificing convenience to nearby amenities.
Please contact listing agents to schedule a tour of The Trees at Madison Apartments. Do not disturb management.

Property Facts

Price £13,409,055
Price Per Unit £167,613
Sale Type Investment
Net Initial Yield 5.57%
No. Units 80
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.95 AC
Building Size 51,360 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1970
Parking Ratio 1.56/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Ceiling Fans
  • Satellite TV
  • Carpet
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 40 - 576
2+1 40 - 708

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
230-0071-014
Land Assessment
£1,294,329
Improvements Assessment
£9,758,469
Total Assessment
£11,052,798

zoning

Zoning Code RD20, Sacto County (Residential)
RD20, Sacto County (Residential)
  • Listing ID: 32467715

  • Date on Market: 15/07/2024

  • Last Updated:

  • Address: 5101 Hackberry Ln, Sacramento, CA 95841

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