3226 Bell Street, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County

3226 Bell Street, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County


3226 Bell Street, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County

 

Multifamily Property For Sale

Price:
$1,750,000
No. Units:
30
Building Size:
19,775 SF
Price/Unit:
$58,333.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment

 

Description

Taylor Terrace Apartments encompasses approximately one acre and consists of two residential buildings. Well designed and nicely appointed floor plans average approximately 732 square feet. Over the past 18 months, the owner has made property improvements valued at $50,000. Capital improvements include building exterior repair and upgrades: Outside paint, New 100 gallon water heater, Parking lot resurfacing with ADA compliant parking and ramp to office; Remodeled Office; Decks resurfaced with new overlay; and pool has been completely remodeled.
Taylor Terrace was developed with numerous amenities including heating and air conditioning, ceiling fans, walk-in closets, cable ready, refreshing swimming pool, serene picnic area with barbecues, on-site laundry facilities, and covered parking

Taylor Terrace Apartments is conveniently located close to the largest economic development and infill reuse projects in Northern California, McClellan Business Park. McClellan Air Force Base was decommissioned and in 2003 was converted to McClellan Business Park, a master planned community consisting of more than 8,000 million square feet of industrial, R&D, office, aviation and mixed-use facilities. McClellan Business Park currently employs approximately 10,500 employees. The Sacramento County Economic Development Department projects that this total will eventually rise to 35,000.

 

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