5800-5804 Engle Rd - Apartments FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$7,155,000 USD
916-833-8346
5800-5804 Engle Rd, Carmichael, CA for Sale
$7,155,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

5800-5804 Engle Rd
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • Value-add opportunity
  • Swimming pools and on-site laundry amenities
  • Located inside the boundaries of the Carmichael Improvement District providing services to property owners and beautifying the Fair Oaks Blvd corridor

OVERVIEW

The DeLoney Group at Marcus & Millichap is pleased to offer Carmichael Apartments for sale as a value-add opportunity in Carmichael, California. The property features a variety of floorplans, complete with exterior access hallways and architectural accents unique to the 1960s. Residents are treated to on-site laundry facilities, private courtyard swimming pools and off-street parking. With some updates to both the interior and exterior, Carmichael Apartments is a classic value-add opportunity to the investor who will value the 1960s bones of the property and match that with modern upgrades. Visit www.SacAptPortfolio.com for more information, and to access Offering Memorandum and Deal Room. This is a court-supervised sale and will be subject to court approval before it is allowed to close. Sale procedures information is available.

FOR SALE DETAILS

PRICE

$7,155,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

53

PRICE/UNIT

$135,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carmichael Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

RD40, Carmichael

APN/PARCEL ID

258-0180-043

ASK ABOUT THIS PROPERTY

Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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Tony DeLoneyMarcus & MillichapMore Info
916-833-8346

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