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NWC Cosumnes River Blvd & 24th Street
Sacramento, CA 95832
Asking Price
$3.43M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 5 acres <ul><li>Institutional-Quality Multifamily Land Opportunity</li><li>5 acres gross / 4.9 acres net</li><li>Infill site within Delta Shores - 800 acre master planned, mixed-use development</li><li>First high-density residential site available in this phase of the master plan</li><li>Potential development capacity of up to 135 multifamily units</li><li>Supports three- or four-story garden-style design</li><li><span style="color: rgba(67, 82, 84, 1)">Market-rate apartments or affordable housin
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NOI
$80,000
Cap Rate
2.33%
DSCR
0.39
Underwater
Cash-on-Cash
-12.02%
Monthly Payment
$16,969.769
Annual Cash Flow
$-123,637.222
