The Cushman & Wakefield Sacramento Multifamily Advisory Group in conjunction with Charles Kline Management Inc., is pleased to present Cambridge Gardens Apartments. This unique multifamily community, comprising 61 units is located in Cameron Park, California within El Dorado County.
This is the first time in over 40 years that this property has been offered for sale. Properties in Cameron Park rarely come up for sale, making this a high barrier-to-entry market.
This property presents a significant opportunity to enhance its value. With a current vacancy rate of approximately 15%, the new owner can renovate the units to their preference and increase market rents. Implementing a RUBS program can boost the income stream and mitigate rising utility costs.
Cambridge Gardens has a prime location, situated just two minutes from US Highway 50, which offers quick access to employment centers in Placerville, El Dorado Hills, Folsom and Sacramento.
To obtain the Offering Memorandum, please complete the Confidentiality Agreement and return to Michael Mathios.
All property showings are by appointment only and must be arranged through Michael Mathios. Please do not approach or contact the tenants or on-site personnel.
Tour Dates: April 15, 2025 - 11:00 am to 1:00 pm and April 17, 2025 - 11:00 am to 1:00 pm.