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- LoopNet Team
4939 Marconi Ave
Carmichael, CA 95608
The Quarter Apartments · Multifamily Property For Sale
·
88 Units
INVESTMENT HIGHLIGHTS
- 74 of the 88 units have been renovated
- Amenities include laundry facilities, a pool, and one-to-one parking
- Carmichael ranked as one of the highest-rent-growth submarkets
- New roofs completed on all four buildings
- Excellent Marconi Avenue location with over 13,000 vehicles passing by daily
- A turn-key asset with over $120,000 of rental upside
PROPERTY FACTS
| No. Units | 88 | Lot Size | 2.06 AC |
| Property Type | Multifamily | Building Size | 50,472 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Zoning | RD30, County | ||
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.06 AC |
| Building Size | 50,472 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | RD30, County |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Satellite TV
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Gated
- Grill
ABOUT 4939 MARCONI AVE , CARMICHAEL, CA 95608
The Quarter Apartments is a two-story garden-style apartment community located in the Carmichael area of Sacramento County. Carmichael consistently ranks as one of the strongest-rent-growth submarkets in the Sacramento region. The current ownership has completed significant improvements to the property including new roofs and interior upgrades. The property offers ample surface parking, a fantastic pool area, laundry facilities, and has controlled access for resident privacy. 74 of the 88 units have been renovated making this truly a turn-key asset. The Quarter Apartments has an excellent location along Marconi Avenue with more than 13,300 cars passing the property daily. The location is ideal with easy access to work centers in downtown Sacramento, Roseville, and South Placer County. The property is also very close to shopping and public transportation.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 420 |
| 1+1 | 84 | - | 580 |
PROPERTY TAXES
| Parcel Number | 271-0142-030 | Improvements Assessment | $10,689,017 |
| Land Assessment | $2,002,498 | Total Assessment | $12,691,515 |
PROPERTY TAXES
