5101 Hackberry Ln, Sacramento, CA 95841

80 Unit Apartment Building | $17,495,000 ($218,688/Unit) | 4.78% Cap Rate | Sacramento, CA 95841

For Sale

Active

22 pictures

Asking Price $17,495,000

Property Type: Multifamily
Square Feet: 51,360 SF

Listing Contacts

Dusty Haeling

Tony DeLoney

David DeLoney

Property Info

Property Overview

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 Details

Class: B
Year Built: 1970
Stories: 2
Lot Size (sq. ft): 172,062 SF
Units: 80

Highlights

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

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