1722 V Street Unit 1722 Sacramento, CA 95818

This exceptional 8-unit apartment building, nestled in the coveted Richmond Grove neighborhood of Sacramento, presents a unique opportunity for investors seeking a stable, income-generating asset. Under the careful stewardship of the same family for over 50 years, this property has consistently main...tained high occupancy rates and reliable rental income. This fully occupied, turnkey property offers immediate cash flow and minimal management requirements. Situated in the desirable Richmond Grove neighborhood, it benefits from easy access to shopping, dining, entertainment, transportation, healthcare and major employers. The high demand for rental housing in the Midtown Sacramento area ensures strong rental income and long-term stability. Investment highlights include a competitive cap rate and potential for long-term appreciation & rental upside. Recent improvements include tankless water heaters, a repaved parking lot, a new roof, a fresh coat of paint, upgraded electrical subpanels, partially upgraded plumbing system to copper, dual-pane windows & replaced or rebuilt wall heaters. Seller will consider carrying a first position note subject to approval and terms to be negotiated. This is an opportunity to acquire prime real estate in one of Sacramento's most sought after locales. Continue reading