9745 Old Placerville Rd
Sacramento, CA 95827
Wind Chase Apartments · Multifamily Property For Sale · 94 Units

Marcus & Millichap is pleased to present Wind Chase Apartments, a unique 1988-built enclave of a community situated minutes from the Bradshaw Access of the Highway 50 Corridor in Sacramento, California. The convenient location along Highway 50 appeals to a broad spectrum of residents who want to be strategically positioned between Downtown Sacramento and the Highway 50 Corridor, the region's two largest job centers. The 94 apartment homes feel like a small community off the beaten path and tucked behind an impressive row of redwood trees and an attractive gated entry. The property features an enviable unit mix of 40 one-bedroom/one-bath units, eight of which are cottage-style, and 54 two-bedroom/ two-bath units, 30 of which are cottage-style. Residents are treated to a deluxe amenity package atypical of a complex this size including a large clubhouse overlooking a swimming pool, spa and tennis court. Inside the clubhouse, residents enjoy a sauna and fitness center. A beautiful barbecue area with a gazebo is situated on the west side of the property. Each unit is assigned one covered parking space; there are 66 additional uncovered spaces. In additional to a generous amenity package, Wind Chase offers residents spacious, modern floor plans with walk-in closets and side-by-side full-size washers and dryers in-suite. New double pane windows increase energy efficiency and noise mitigation. However, many of the units are overdue for cosmetic overhauls. Current ownership has successfully experimented with interior upgrades on select floor plans. 3D virtual tours are available upon request demonstrating full and partial renovations. The new owner of Wind Chase Apartments will inherit a stable operation that has not kept pace with the record-setting rent growth in the region. With rental housing demand far outpacing delivery of new supply to the marketplace and job growth and household formation remaining steady, analysts predict Sacramento will be at the top of the list for rent growth in 2018. New ownership will be in an ideal position to capture this momentum and even enhance it through continuing the interior renovation program. All tours must be scheduled with the listing agents. Please do not disturb management.