SAN DIEGO, CA - ACI Apartments is pleased to announce the sale of 6304 Lemon Hill Ave, a 40-unit property consisting of 10 buildings located in the city of Sacramento.
The location consists of a 32,000 square foot property and was sold by Leonard and Alta Gray for $4,000,000.
The sellers were represented by apartment broker Doug Taber, CCIM of ACI Apartments. The buyer, Mina Rezaei was self-represented.
Built in 1965, this garden style apartment community boasts an incredible unit mix of all two-bedroom, one-bathroom units. The property is situated on approximately 1.62 acres and is landscaped with mature trees. Community amenities include a large courtyard, owned laundry facility, leasing office, BBQ area, security gate, and 42 onsite parking spaces.
The property is located across from Will C Wood Middle School only a short distance from the 65th Street Expressway. Tenants are within only a few blocks of Artivio Guerrero Park and can easily gain access to South Sacramento Freeway 99.
Established in 1982, Apartment Consultants, Inc. (ACI) is a multifamily brokerage firm that specializes in apartment and investment property transactions. We have maintained a solid performance despite changing economic cycles with an average of more than 140 closed escrows per year – that’s more properties than the number two and number three firms combined. Learn more about ACI at www.aciapartments.com
For more information about this transaction, Doug Taber CCIM can be reached at 619-483-1031 or via email at mail@dougtaber.com