Description

240 Unit Value-Add Multifamily Portfolio in the Sacramento MSA. This portfolio presents a stabilized investment opportunity with significant value-add opportunities in premier locations. The properties are available as a portfolio or on an individual basis.

PROPERTY #1: The Enclave at Tiber Station
The Enclave is a charming community of 144 apartment homes. It features two dynamic floor plans consisting of one-bedroom/one-bath 650 square feet and two-bedroom/one-bath 850 square feet apartments. The property boasts many amenities such as a community clubhouse, a sparkling swimming pool and lounge area, a fitness center, covered parking, two laundry facilities, private patios/balconies, ceiling fans, and central heat and air. The location of The Enclave is just off of Folsom Blvd and is across the street from “Tiber Station,” a stop included along the Sacramento Light Rail System, which provides service throughout all of Sacramento County. This adds an extra amenity for prospective tenants and allows great property visibility from passing motorists and pedestrians. The property is also 8 miles from downtown Sac and 4 miles to Cal State University Sac.

PROPERTY #2: Miner’ s Station
Nestled in the western foothills of the Sierra Nevada Mountains, Miner’s Station offers the tranquility of country life for those who enjoy the great outdoors. Located at the crossroads of the I-80 and highway 49 in Auburn, CA, Miner’ s Station has 96 units including 32 one-bedrooms and 64 two-bedroom apartment homes. Known for being a “welcomed pause,” Miner’ s encourages relaxation with its pool, two saunas, exercise facility, and basketball & tennis courts. It also is walking distance to Regional Park, which also offers tons of recreational activities.