The Sacramento 6-Plex at 2720 Forrest Street presents an exceptional opportunity for investors at a newly reduced price of $829,000, down from $875,000. This six-unit multifamily property is a prime investment for both first-time multifamily buyers and seasoned investors, offering cash flow potential in Sacramento's vibrant market. With only half the lot occupied by the current 6-plex, the remaining land provides promising potential for the development of one or even more additional units, boosting the property's income possibilities.
Watch the Talk-Through Video with listing agent Matt Sarro BELOW!
Nestled in Sacramento, this multifamily property combines strong location appeal with value-add potential, ideal for those seeking to diversify their real estate portfolio. Each unit offers a mix of space and convenience that renters find highly attractive in today’s market. With Sacramento's growing appeal among renters and its relative affordability compared to other California cities, the potential for stable returns is strong.
Investment Highlights
5 of 6 Units completely remodeled
Large lot with additional yard
ADU development potential
Single-story construction
Pitched roofs
Brand new wood fence and gate
Off-street parking included
On-site laundry
Why this Sacramento 6-Plex Stands Out
Positioned strategically, the Sacramento 6-Plex benefits from proximity to public transportation, schools, and local amenities. This makes it an appealing choice for prospective tenants, thereby helping maintain consistent occupancy rates.
Additionally, with the ability to make use of the additional land space, savvy investors can pursue creative strategies to maximize their returns. Sacramento’s market trends further underscore the value proposition of acquiring multifamily assets, making this property an exceptional choice.
This 6-plex features unit layouts that appeal to diverse tenant needs. Recent adjustments in its pricing enhance its allure for investors who appreciate long-term cash flow and equity growth. By developing additional units on the existing lot, potential income streams could multiply, offering opportunities beyond the initial purchase.
Meet the Listing Agent: Matt Sarro
Matt Sarro, with Colliers International, specializes in multifamily investments and is a recognized expert within the Greater Sacramento Area. Multifamily investors value his dedication to market trends and sound guidance, rooted in years of experience working with both local and institutional clients.
Since joining Colliers in 2014, Matt has honed his expertise, offering in-depth insights into Sacramento’s multifamily market.
Contact Matt:
Matt Sarro
Colliers International.
DRE# 01942991
916-616-5267
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