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6201 Martin Luther King Jr Blvd

16 Unit Block of Flats £1,909,008 (£119,313/Unit) 6.48% Net Initial Yield Sacramento, CA 95824

Investment Highlights

  • 16 Unit investment opportunity

Executive Summary

Excellent Multi-family Investment.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,909,008
Price Per Unit £119,313
Sale Type Investment
Net Initial Yield 6.48%
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.47 AC
Building Size 10,256 SF
Number of Floors 2
Year Built/Renovated 1960/2010
Parking Ratio 1.85/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Linen Cupboard

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 10 - 520 - 590
2+1 6 - 657 - 720

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
037-0181-009
Land Assessment
£80,525
Improvements Assessment
£120,789
Total Assessment
£201,314
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code RD30, Sacramento
RD30, Sacramento
  • Listing ID: 30921863

  • Date on Market: 09/02/2024

  • Last Updated:

  • Address: 6201 Martin Luther King Jr Blvd, Sacramento, CA 95824

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