2109 J Street
Midtown
2109 J Street
Region: Midtown
Use: Multifamily / Retail
Lease or Sale: Sale
Building Size: ±6,010 SF
Sale Price: $3,150,000
Turton Commercial Real Estate is pleased to present the opportunity to purchase 100% fee simple interest in 2109 – 2111 J Street, a premiere mixed-use investment opportunity in Sacramento’s Urban Core, for $3,150,000 based upon a 4.44% cap rate on existing income inclusive of pro-forma property taxes and NNN reimbursement.
The Property is a 3-story midrise project comprised of four 1-bedroom, 1.5 bath luxury apartment units over 2,058 SF of retail. The Property was completely remodeled in 2019, including top-to-bottom upgrades to all residential units and common areas, new stucco and paint to the exterior of the building, and energy-efficient HVAC units. The Property features 9 on-site parking stalls which are gated, lighted, and secured, as well as rear stairwell providing easy access to the units from the parking lot.