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Here’s a look at all 2-4 unit sales in the 95815 zip code of Sacramento over the past three years. No, these are not single family units. These are duplexes, triplexes and fourplexes. It’s amazing to see how far prices have come down from recent years when so many of these properties sold previously for $300,000-$400,000+. You think some of these might pencil nowadays?
Dear Investor on the Phone-
We spoke today for ten minutes or so while I was driving in the field. We discussed you searching for a duplex, triplex or fourplex in the Sacramento area. I know it’s not been easy to get a contract accepted these days because of the multiple offers (even on fixer residential-income properties). Despite the troubled economy, there’s competition out there because investors still have cash to make these deals work, don’t they?
Anyway, as we discussed on the phone, I have some potential leads for you, so make sure to give me a call. I know this seems a bit odd to write a note publicly, but that’s the way you found me in the first place. Unfortunately your email did not come through and your phone number listed as “blocked” on my cell (so I cannot call you back).
I hope our paths cross for business or networking. Best of luck to you.
Sincerely,
Ryan Lundquist
Lundquist Appraisal Company
Real Estate Appraiser
TEL: 916-595-3735
ryan@lundquistcompany.com
www.lundquistcompany.com