Parkway Townhomes encompasses approximately 2.37 acres and consists of six townhome buildings and two laundry facilities for a total of 82,020 net rentable sq./ft. Well designed and nicely appointed floor plans include studio, one and two bedroom/one bath townhomes averaging approximately 912 square feet.
Parkway Townhomes provides an investor a unique opportunity to acquire a well-maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is a strong demand in the Class B rental market along with limited planned multifamily development, enabling a new owner to benefit from near term rent growth as multifamily fundamentals continue to strengthen in the Sacramento Region.
Representation – Buyer