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Description

Established CoLiving income property in Rancho Cordova, operating successfully as a furnished shared-living model for over a decade. The property currently generates $5,925 in gross monthly rent with a proven history of strong occupancy and low operating expenses. Significant capital improvements were completed in December 2024, including a new 50-year roof, HVAC system, water heater, and attic insulation. The sale encompasses both the real estate and approximately $9,300 in operational assets (furnishings, appliances, and household goods). To assist with a smooth handover, the seller will provide limited consultation regarding the business format and operations. The property also provides the flexibility to pivot to a mid-term or traditional long-term rental strategy. Additional upside includes the potential for a garage conversion or ADU addition (buyer to verify with local jurisdiction). The location is highly walkable to public transit, grocery stores, and retail.