B Street
315-317 B Street
Roseville,
CA 95678
27 Units
Property Summary
| Price | $4,300,000 |
| Price Per Unit | $159,259 |
| CAP Rate | 4.90% |
| Units | 27 |
Investment Highlights
- 100% Occupied With Rental Upside
- Proven Value Add Opportunity
- Short Commute to Top Roseville Employers
- Strong Population Growth
- High Median Household Income
- Median Home Price of $576,059 With 32% Affordability Gap
Property Description
The Mogharebi Group is pleased to announce that it has been retained as the exclusive listing agent for the sale of B Street Apartments, a 27-unit apartment community located in Roseville, California. This property provides the right investor an opportunity to acquire a value-add asset in one of the nation’s hottest submarkets. Built in 1960 and renovated in 2020, B Street Apartments is a one- and two-story, 27-unit apartment community that is located on B Street in Roseville, CA. The property comprises 2 residential buildings totaling 14,200 rentable square feet. The complex is situated on a 0.44-acre site. The community features a desirable mix of studio, one- and two-bedroom floor plans. It boasts, laundry facilities, dual pane windows, recently painted exterior, and large art murals. The units include laminate wood-style flooring, granite countertops, ceiling fans, refrigerator, and an electric oven with range.
315-317 B Street
Roseville, CA 95678
Roseville, CA 95678
B Street Apartments is only 0.9 miles from Kaiser Permanente Roseville (5,200 jobs), 3.5 miles from Sutter Roseville Medical Center (2,202 jobs), 3.0 miles from Adventist Health (1,320 jobs), and 2.9 miles from Union Pacific Railroad (569 jobs). Even before the pandemic pushed residents towards suburban markets, Roseville was experiencing the 3rd highest population growth of any city in California, with 145,163 (2.7% growth) new residents.
Listing Advisors
Otto Ozen
Based on this listing
