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470 Jessie Ave, Sacramento, CA 3060 Laurelhurst Dr, Rancho Cordova, CA 10501 Croetto Way, Rancho Cordova, CA
3 Property Portfolio
Asset ClassMultifamily
overview of deal

Overview

Number of Units:

60 Units in Sacramento- Magpie Creek

93 Units in Rancho Cordova - Puerta Villa

96 Units in Rancho Cordova - Cobblestone

 

The Opportunity:

The Mogharebi Group is pleased to present the opportunity to acquire a three-property, 249-unit multifamily portfolio located in Sacramento and Rancho Cordova, California.

 

The portfolio is available individually or as a portfolio, providing investors with flexibility while benefiting from portfolio scale within stable Sacramento submarkets and operational efficiencies. Current in-place rents across the portfolio are below prevailing market levels, presenting a clear opportunity for significant rental upside through a combination of market-aligned rent adjustments and the monetization of recently renovated units that have not yet achieved rent premiums.

 

  • Significant Value-Add Upside
  • Attractive Unit Mix
  • Strong Market Fundamentals
  • Easy Access to Major Freeways
  • Rancho Cordova Properties - 75%-90% units have been renovated
  • Magpie Creek - Condo Mapped
  • Magpie Creek - Major Capex completed
Access the Data Room
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470 Jessie AveSacramento, CA 95838

Sales Team

Maryam SaadatjouSenior Vice President(415) 815-8554Maryam@Mogharebi.com
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