6006-6012 Martin Luther King Jr Blvd

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6006-6012 Martin Luther King Jr Blvd

Sacramento, CA 95824
Asking Price
$2.35M
Cap Rate
5.32%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset featuring 14 total apartment units.
  • Property is listed for sale at 2,350,000 dollars.
  • Current capitalization rate for the asset is 5.32 percent.
  • The investment calculates to 167,857 dollars per unit.
  • Located in Sacramento with proximity to regional employment.

What's Special

Sacramento serves as a core economic hub in California, driven by government, healthcare, and education sectors. Positioned within this diverse metro area, the multifamily property at 6006-6012 Martin Luther King Jr Blvd provides a residential footprint in a developing urban corridor. The asset consists of 14 apartment units, offering a scale suitable for investors looking to expand their portfolio within the regional housing market. The property structure is designed to support standard rental operations and long-term asset appreciation. Given its composition, the building is well-suited for professional property management teams aiming to stabilize occupancy in a supply-constrained environment. Future ownership can capitalize on the consistent demand for rental housing across the greater Sacramento region as the city continues to attract a growing workforce. This investment represents a straightforward entry into a high-demand asset class that remains central to the local community fabric.

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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214

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