10% Cap Rate - CALIFORNIA- 16 doors - portfolio purchase

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10% Cap Rate - CALIFORNIA- 16 doors - portfolio purchase

Investor · San Francisco, CA · Member since 2014 · 14 posts · 3 votes

I have purchased, rehabbed, and stabilized a portfolio of properties in Sacramento.  The rents are solid.  Low maintenance and management required.  Mix of smaller apartment building and 2-3 unit properties.  GREAT opportunity for an investor looking for a turnkey buy and hold package.  $1.55m total for  16 door purchase.  (I am an agent (CalBRE #01412942) but this is an off market package of my own properties.)  I am selling in order to move up to do a larger deal.  

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  • Investor · Hercules, CA · Member since 2015 · 208 posts · 47 votes
    10y

    Hi @Marie Murphy

    Please send P&Ls for 2015 to 2016 and rent rolls to LJS351@hotmaildotcom. Thanks! Leo

  • San Ramon, CA · Member since 2014 · 16 posts · 0 votes
    10y

    is this close to UC Davis?

  • Investor · San Francisco, CA · Member since 2014 · 14 posts · 3 votes
    10y

    Hi Raj.  It is not.  It is in the Sacramento Metro area.  Happy to provide you more info.  Best, Marie

  • Real Estate Agent · Sacramento, CA · Member since 2012 · 111 posts · 26 votes
    10y

    Hi @Marie Murphy,  can you please send me more info in a PM or to [email protected].

  • Rental Property Investor · Atlanta, GA · Member since 2014 · 6 posts · 3 votes
    10y

    Hi @Marie Murphy , can you please send me more info in a PM or to [email protected]? Thanks

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