Cobblestone Apartments
96 Unit Apartment Building | $16,300,000 ($169,792/Unit) | 4.26% Cap Rate | Rancho Cordova, CA 95670
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $16,300,000
- Property Type
-
Multifamily
- Square Feet
- 96,000 SF
Listing Contacts
Allan Omand
Verified Profile
- Property Info
Property Overview
Cobblestone Apartments consist of 8 two-story buildings, with a desirable unit
mix and site amenities including a controlled access gate, swimming pool, an
onsite laundry facility, 96 assigned covered parking spaces, 56 open surface
parking spaces, and on-site property management. The interior and exterior
have be en regularly maintained and updated. The current ownership has spent
over $100,000 on capital expenditures in 2022. The property is located
minutes away from Highway 50, shops, restaurants, parks, schools, & healthcare
services. The property’s location with clear upside potential makes it a great
investment opportunity.
mix and site amenities including a controlled access gate, swimming pool, an
onsite laundry facility, 96 assigned covered parking spaces, 56 open surface
parking spaces, and on-site property management. The interior and exterior
have be en regularly maintained and updated. The current ownership has spent
over $100,000 on capital expenditures in 2022. The property is located
minutes away from Highway 50, shops, restaurants, parks, schools, & healthcare
services. The property’s location with clear upside potential makes it a great
investment opportunity.
Property Details
- Class
- C
- Year Built
- 1975
- Stories
- 2
- Lot Size (sq. ft)
- 173,804 SF
- Units
- 96
Highlights
- Desirable Unit MIx
- Air Conditioning
- 24 Hour Access
- On-site Laundry
- Pool
- On-site Property Management
Nearby Properties
Similar Properties
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