916-288-4522
2690 Country Club Dr, Cameron Park, CA for Sale
Apartments - FOR SALE
1/12
null | Request Cap Rate

2690 Country Club Dr
Cameron Park, CA 95682


HIGHLIGHTS

  • Investment potential
  • Opportunity to enhance revenue
  • Prime location
  • Desirable community
  • Attractive unit mix

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

61

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cambridge Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.8 AC

LAND SF

209,088 SF

ZONING

-

APN/PARCEL ID

082-041-002-000,082-041-003-000,082-401-001-000,082-401-004-000

ASK ABOUT THIS PROPERTY

Michael MathiosCushman & WakefieldMore Info
916-288-4522

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Michael MathiosCushman & WakefieldMore Info
916-288-4522

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