Listing Courtesy of: Davide Pio - Baniqued Realty
$2,500,000 Down payment assistance icon Calculate Payment

3740 May Sacramento, CA 95838

Multi-Family Residence
Sq. Ft.
1.13 Acre Lot
BCRE's Davide Pio & Brian Baniqued are proud to present Grand Ave Villa. Grand Ave Villa is an 18 unit HUD master leased apartment that runs until mid-2022 with automatic annual increases. Throughout ownership, the landlord will receive substantial payments from HUD. Upside can be attained in multip...le ways including by renegotiating the contract to include higher rents, complete remodel of all units as they are turned for an even higher rent schedule, or request to cancel the contract and return to market rents within one year of the agreement. Located in the Del Paso Heights neighborhood of Sacramento, the property is offered at an attractive price with multiple options for upside potential. Continue reading
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Listing Courtesy of: Davide Pio - Baniqued Realty
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600,, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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