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Listed by Marcus & Millichap
$ 5,600,000
$ 5,800,000 3.4%
Est. payment | /mo
26,569 SqFt
$ 5,600,000
$ 5,800,000 3.4%
Est. payment | /mo
26,569 SqFt
Key Details
Sold Price $5,600,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 26,569 sqft
Price per Sqft $210
MLS Listing ID ML82045084
Sold Date 07/21/26
HOA Y/N No
Year Built 1968
Lot Size 1.140 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Established on an expansive 1.14 acre parcel, the property was originally constructed in 1968 and features a gross building area of approximately 26,569 square feet, offering tenants spacious two-bedroom and one-bedroom floor plans, along with amenities such as on-site laundry, dedicated parking, a sunny community pool, and a tranquil courtyard. Located in the desirable Greenhaven neighborhood, the property offers a blend of suburban living and urban accessibility, just off Interstate 5 with quick connectivity to Downtown Sacramento and access to major employment hubs and transit options. Surrounded by a strong mix of employers, retail centers, and daily conveniences, the location supports consistent rental demand, while the neighborhood is known for its quiet, family-oriented environment, proximity to the Sacramento River, and access to parks, bike trails, and recreational amenities like Garcia Bend Park and nearby golf courses. The investment appeal is driven by Sacramento's growing population, low vacancy levels, and strong employment fundamentals, making The Colony House Apartments an attractive choice for renters near major employers, shopping, and entertainment.
Location
State CA
County Sacramento
Interior
Heating Forced Air, Wall Furnace
Cooling None
Fireplace No
Building
Water Public
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