Sacramento Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Sacramento, California
Sacramento: In the Spotlight
Sacramento, California is located 90 miles northeast of San Francisco, and is the capital of the state. Sacramento is a part of the Sacramento–Roseville, CA Combined Statistical Area. The population of Sacramento is just over 513,000, making it the 6th most populous city in the state. It also covers 99 land miles. The city not only survived a terrible storm that flooded what was the original city before it was “raised” and rebuilt, but is now a thriving hub of entertainment, nature, and California culture.
- The unemployment rate is dropping at a rapid pace, but currently sits around 7.1%.
- The median household income is $62,335.
- The median age in Sacramento is 34 years old
- Sacramento employs over 218,000 residents
Sacramento Apartment Loan and Multifamily Property Facts
Sacramento is part of the California market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Sacramento Has a low vacancy of 2.7% across all rental properties
- There has been a marginal rent increase, to $1,390 per month
- The homeownership rate is roughly 48%, which leaves around 52% of residents looking for rental properties.
Although 2020 was a difficult time in Sacramento, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Sacramento Apartment Loan and Lending Options
In Sacramento there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Sacramento Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Sacramento, CA. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Sacramento is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Sacramento Apartment Lending Specialists today at desk@janover.co or by calling (561) 556-9997.