2601-2627 Carmichael Way - Apartments FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$5,395,000 USD
916-698-9954
2601-2627 Carmichael Way, Carmichael, CA for Sale
$5,395,000 USD
Apartments - FOR SALE
1/43
null | 5.88% Cap Rate

2601-2627 Carmichael Way
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • 1,000 - 1490 SF units!
  • Washer and dyer in each unit
  • Nearly $40k per month in income with upside

OVERVIEW

Compass Commercial is excited to present The Hause Apartments at 2601-2625 Carmichael Way — a prime opportunity in the sought-after suburb of Carmichael, CA. The property offers spacious one- and two-bedroom units ranging from 1,090 to 1,490 square feet. Each unit is equipped with an in-suite washer and dryer and features a large private patio or balcony. Residents also enjoy access to a secured swimming pool, enhancing the overall tenant experience and encouraging long-term occupancy. Carmichael remains one of the region’s most stable rental markets, with low vacancy rates supported by strong demand. Its proximity to top-rated schools and the American River further adds to the property’s appeal. An immediate value-add opportunity exists through the introduction of a Ratio Utility Billing System (RUBS), which could generate an additional $25 to $100 per unit in monthly revenue, boosting both cash flow and property value. With consistent tenant interest and a thriving rental market, The Hause Apartments present a rare chance to acquire a high-performing asset in one of Carmichael’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$5,395,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

24

PRICE/UNIT

$224,792

CAP RATE

5.88%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hause Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

Z, Carmichael

APN/PARCEL ID

273-0191-017,273-0191-018

ASK ABOUT THIS PROPERTY

Willem BosCompass CommercialMore Info
916-698-9954

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Willem BosCompass CommercialMore Info
916-698-9954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.