336 N 5th Street | San Jose
San Jose, CA 95112
Sq. Feet 10,018
Oak Plaza is a turn-key multifamily investment opportunity in Sacramento, California. Located just off of the Capitol City Freeway (.3 miles), the property provides easy access to all of the greater Sacramento area. In 2011 the property was extensively renovated inside and out. Every unit was upgraded with new cabinets, granite counter tops, appliances, bathrooms, and flooring. Energy efficiency upgrades have also been made including new HVAC systems as well as new dual pane windows. The property also has new monument signage, a new parking lot gate, new landscaping, and a resurfaced pool.
Just down Fulton Avenue is the Town and Country Village shopping center (.6 miles) where tenants can get groceries at Save Mart and Trader Joe's as well as enjoy numerous restaurants, cafe's and retailers. For more extensive shopping, the Nordstrom and Macy's anchored Arden Fair Mall (2.7 miles) is a short drive away. Oak Plaza is located within the distinguished San Juan Unified School District with local schools including Dyer- Kelly Elementary (.4 miles), Arcade Fundamental Middle (1.4 miles), and Mira Loma High (1.7 miles). Sacramento State University (5 miles) and American River Community College (3.7 miles) are also nearby.
Cap Rate: 7.19% NOI: $152,873 Livable Sq. Ft: 33,650
Built in 1960 48 units Lot Sq. Ft: 60,548