2100 West La Loma Drive

SOLD! – LA LOMA TERRACE APARTMENTS – 11/21/2012 – 48-Units in Rancho Cordova —

La Loma Terrace Apartments, a 40-unit apartment community located in Rancho Cordova, California, represents
an exceptional turn-key, pride-of-ownership investment opportunity. The property consists of 24 onebedroom/
one-bath units measuring at 620 square feet and 16 two-bedroom/one and half-bath town-homes
measuring 920 square feet. La Loma Terrace has been fully renovated and positioned for immediate rental growth.
The property is fully stabilized, allowing for excellent yield upon acquisition.
La Loma Terrace has undergone a complete interior make-over that includes new kitchen counters, cabinets,
upgraded appliances, new fixtures, carpet and tile flooring, all new bathrooms, all new dual pane windows, modern
window coverings. The exterior improvements include new stucco, paint, roof systems, and renovation of the
common ground landscaping.
Constructed in 1978, the property is comprised of six structures supported by concrete slab. The structures are
wood frame, with stucco siding, and flat roofs. The secured gated access, well maintained grounds and a sparkling
swimming pool provide residents with an enjoyable atmosphere.
La Loma Terrace is located in close proximity to major thoroughfares such as Folsom Boulevard, Bradshaw Road,
Mather Field Road along with Highway 50 allowing easy access Downtown Sacramento, Arden/Arcade, Folsom,
Mather Air Force Base and local shopping and employment centers.