Apartments for sale in Sacramento

Hi, I’m Brian Jacks, Regional Director for East West Commercial. We’re a southern California based commercial real estate brokerage advisor with over 25 years experience. Just last month we announced our expansion into Northern California with the grand opening of our Sacramento office. Notice, I am standing in front of a 14-unit apartment complex here in South Sacramento. We represented the buyer who closed escrow only 21 days after signing the purchase agreement (sight unseen). This property is in great condition. It’s 100% full by tenants with average occupancy of 4 ½ years. It’s well located a few blocks off Highway 99 and is positioned on a dead end street with minimal traffic. The investor was very pleased with the 8.5% initial cap rate, plus, there’s room to increase rents on a few units. After leveraging this property with a loan, this investor is now earning more than 15% annual return. Not to mention, paid almost 10% below the original asking price. These apartments are a terrific example of the kind of real estate investments available right now throughout the greater Sacramento area. My team and I would be happy to represent you throughout the buying and selling process. I invite you to contact me personally to discuss your specific investment needs and objectives. I can be reached at (916) 837-3456 or Brian.Jacks@EastWestCommercial.com. Now, we also specialize in commercial sales and leasing for retail, office, industrial and special purpose investments. Don …