6267 Martin Luther King Jr. Boulevard

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6267 Martin Luther King Jr. Boulevard

Sacramento, CA 95824
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 120 Units <ul><li>​Value Add Asset with Demonstrated Rent Acceptance: Despite deferred maintenance, Summerset Apartments continues to achieve competitive rents, indicating established resident demand and market acceptance. This rent traction allows investors to underwrite renovation upside from an income producing base rather than a distressed lease up scenario. </li><li>​Bankruptcy Sale Provides Basis Protection: The bankruptcy disposition offers a rare opportunity to acquire at a discounted basis, creat

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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