920 Pacific St, Placerville, CA 95667

eXp Commercial is pleased to present the opportunity to purchase 920 Pacific Street, a (4) building 15-unit multifamily community in Placerville, CA. Most investors struggle with finding multifamily investment property to purchase located in a next to zero inventory market, in a park-like low-density setting, with 86% two-bedroom units while having an opportunity to raise rents in a submarket of the greater Sacramento major market which has ranked as one of the top markets for rent growth in the nation. Pacific Pines Apartments is a rare find as it consists of (1) studio (in the process of being permitted) 900 square foot unit, (1) 1 bedroom/1 bath 600 square foot unit, (10) 2 bedroom/1 bath 900-1300+\- square foot units , (3) 2 bedroom/2 bath 900-1350+\- square foot units (two of which are townhomes) & (1) 450 square foot rental shed. All units feature washer and dryer hookups. There are a total of 14 carports, one garage and 9 units feature extra storage. Many of the units feature new flooring, fixtures, countertops, cabinets, and updated bathrooms. Built around 1970 to 1989, the property sits on a 1.5-acre parcel, is individually metered for electricity and gas. Over $104,000 in interior and exterior capital improvements since 2010.  « show less

eXp Commercial is pleased to present the opportunity to purchase 920 Pacific Street, a (4) building 15-unit multifamily community in Placerville,...  show more »