2109 J Street

Midtown

2109 J Street

Region: Midtown
Use: Multifamily / Retail
Lease or Sale: Sale
Building Size: ±6,009 SF
Sale Price: $3,460,000

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 $3,460,000 based upon a 4.61% capitalization rate on existing income inclusive of pro-forma property taxes.

2109-2111 J Street is a 3-story midrise project comprised of four 1-bedroom, 1.5 bath luxury apartment units over 2,058 square feet 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 entire ground floor is leased to the UPS Store with six years remaining on the triple-net lease.

The Property features 9 on-site parking stalls which are gated, lighted, and secured, as well as a rear stairwell providing easy access to the units from the parking lot.

You might also like: