Property Listing No Longer Available for Sale

3400 Watt Avenue, Sacramento, CA

Others for Sale - $948,500


Property Info

CIMLS#1058052
Location
  3400 Watt Avenue
  Sacramento CA 95821
UpdatedSeptember 24th, 2019
TypeOthers
Price$948,500

Property Description

Great office building investment opportunity!! With an above market cap rate of 7+% this beautiful mid-century modern architecture office building has great upside-potential. This extremely high traffic location on a busy street boasts approximately 65,000+ cars passing a day. Near Interstate 80 and Cap City Freeway as well as other local businesses and public transportation. This property is approximately 95% occupied with close to $7,300 monthly rental income, and a NOI of approx $68,000 a year. Over $100,000 recently invested in a new HVAC, new roof, upgraded lighting and repaved parking lot. Building size +/- 7,859 sq ft. Lot Size +/- 14,375 Sq ft. Act now!


Financials


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