5406 Sage CT new Save Request In-Person Tour Request Virtual Tour
Rocklin,CA 95765
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,735 sqft
Price per Sqft $374
Subdivision Stanford Ranch
MLS Listing ID 225105082
Year Built 1997
Lot Size 5,937 Sqft
Property Sub-Type Other
Property Description
For Sale - Fully Leased Investment Property. Established Residential Care Facility for the Elderly (RCFE). This well-established RCFE is currently generating rental income 32% above the local market average. With built-in annual rent increases of 4%, the income is projected to grow by an additional $600 annually, resulting in 49% above-market income in the coming years. An excellent opportunity to acquire an instant income-producing property with 2.5 years remaining on a triple-net lease with a long-term tenant in a stable industry. Strong rental income with potential for lease renewal. Highlights: - Fully leased to reputable tenant - 2.5 years remaining on lease term - Minimal landlord responsibilities - Ideal for investors seeking reliable cash flow
Location
State CA
County Placer
Area 12765
Interior
Heating Central,Fireplace(s)
Cooling Ceiling Fan(s),Central,Whole House Fan
Flooring Tile,Laminate,Wood
Laundry Other
Exterior
Exterior Feature Fenced Yard
Garage Spaces 2.0
Utilities Available Cable Available,Natural Gas Connected,Cable Connected,Dish Antenna,Electric,Internet Available
Roof Type Tile
Building
Lot Description Auto Sprinkler F&R,Shape Regular
Story 1
Foundation Slab
Sewer In & Connected
Water Meter on Site
Schools
Elementary Schools Rocklin Unified
Middle Schools Rocklin Unified
High Schools Rocklin Unified
School District Placer
Others
Special Listing Condition None