Vantage Apartments

The Mogharebi Group is pleased to present the opportunity to acquire Vantage Apartments, a 140-unit multifamily community located at 2051-2081 West La Loma Drive in the Sacramento suburb of Rancho Cordova, California. Constructed in 1972 and situated on a 3.28-acre site, Vantage Apartments is comprised of an attractive mix of one-, two-, and three-bedroom floorplans totaling 108,152 rentable square feet. A majority of units (94%) are highly desirable two-bedroom / one-bathroom floorplans offering washer/dryer hook-ups. The grounds are well-maintained and landscaped and the property features community amenities including a business center, swimming pool, resident clubhouse, community tables, outdoor grills, leasing office, and children’s playground. Vantage Apartments presents a new owner with the ability to assume a low 3.10% interest rate loan, an attractive option in this high interest rate environment.