915 Johnfer Way, Sacramento, CA 95831
- $5,600,000
- Sold Price
- $5,600,000
- List Price
- $5,800,000
- Closing Date
- Jul 21, 2026
- Status
- CLOSED
- MLS#
- ML82045084
- Year Built
- 1968
- Lot Size
- 49,658
- Acres
- 1.14
- Days on Market
- 14
- Property Type
- Commercial
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.
Additional Information
- Taxes
- $71,956
- Heat
- Central, Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Water
- Public
- School District
- Sacramento City Unified
- Attached Structure
- Detached
- Number Of Units Total
- 34
- Gross Scheduled Income
- $621,314
Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Adam S. Levin from Marcus & Millichap
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