2635 Fairfield Street, Sacramento, CA 95815

Property Description

2635 Fairfield Street, Sacramento, CA, presents an exceptional, high-yield acquisition for savvy investors seeking substantial upside. This 45-unit apartment complex is offered as-is, presenting a classic value-add play with clear pathways to long-term wealth generation through strategic positioning and property stabilization. The property features significantly below-market rents with the ability for immediate rent adjustments. At just under $67,500 per door, this asset offers immediate cash-flow stabilization, rent optimization, and physical development expansion in the growing Sacramento market, allowing the next owner to capture significant upside. By addressing deferred maintenance and executing a targeted renovation program, a new owner can systematically increase rents to prevailing market rates, significantly boosting Net Operating Income (NOI) and driving capital appreciation. Desirable Unit Mix & Layouts: The complex features a uniform asset profile consisting of all 1-bedroom, 1-bathroom units. Each apartment offers comfortable living space, full-sized kitchens, and generous walk-in closets for excellent tenant storage. Community Amenities & Asset Features: The property features a laundry facility equipped with brand-new washers and dryers, creating an immediate auxiliary revenue stream. Additional amenities include ample on-site parking and dedicated outdoor space suitable for a community playground or picnic area. Rare Expansion Opportunity- 9,000 SQ FT Development Pad: In addition to the existing 45 units, the site includes an approximately 9,000-square-foot development pad. This versatile land provides the opportunity to build an additional residential building to scale the portfolio or expand community play areas and tenant amenities to drive top-of-market rental premiums.