210 Natoma St
210 Natoma Street,
Folsom, CA 95630
 
$1,425,000
Offering Price
12.96
GRM
$158,333
Price Per Unit
9
Number of Units
4.10%
Cap Rate
6,558
Building SF
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$1,425,000
Offering Price
12.96
GRM
$158,333
Price Per Unit
9
Number of Units
4.10%
Cap Rate
6,558
Building SF
Investment Summary
210 Natoma is a quiet, community garden style, family oriented property located in an ideal central location in Folsom, Ca. Due to the property's proximity to numerous schools, shopping centers, the American River, and Folsom Lake, this property is ideal for families with kids. Current rents are well below market. This property presents the new owner a great opportunity to update all units and substantially increasing rents to a market rate of $1400-$1500 per unit. All 9 units are 2 bedroom and 1 bathroom. There is a separate laundry room that generates a monthly income.
Location Summary
210 Natoma St. is located with 25 minutes of downtown Sacramento and less than five minuets from downtown Folsom. This property is within walking distance of the American River, downtown Folsom, Folsom Lake. The property is also within walking distance to numerous shopping centers, Walmart, grocery stores, as well as the following schools: Folsom Lake High School, Sutter Middle School, Theodore Judah Elementary School, and Folsom Monstessori School. Highway 50 is easily accessible via several main roadways in Folsom, and the light rail station going into Sacramento is within a very short walking distance.
210 Natoma is a quiet, community garden style, family oriented property located in an ideal central location in Folsom, Ca. Due to the property's proximity to numerous schools, shopping centers, the American River, and Folsom Lake, this property is ideal for families with kids. Current rents are well below market. This property presents the new owner a great opportunity to update all units and substantially increasing rents to a market rate of $1400-$1500 per unit. All 9 units are 2 bedroom and 1 bathroom. There is a separate laundry room that generates a monthly income.
FOR MORE DETAILS CONTACT
Timothy Swanston
Senior Vice President
(916) 541-3630
Swanston@ncc1031.com
01887506
Philip McDaniel
Senior Associate
(707) 867-5851
mcdaniel@ncc1031.com
02079234
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