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Aspen Village Apartments in Carmichael, CA
Multi-Family Investment Opportunity
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Investment Highlights
• Sale Price: $2,375,000
• Number of Units: 28
• Price per Unit: $84,821
• Cost per Rentable Square Foot: $105
• Current CAP Rate: 6.03%
• ProForma CAP Rate: 7.52%
• 20 x 2 Bedroom / 1 Bath @ 875 sq. ft.
• 8 x 1 Bedroom / 1 Bath @ 650 sq. ft.
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This is an offering of a 100% fee simple interest in Aspen Village Apartments, a meticulously maintained pride of ownership apartment community located at 5110 El Camino Ave. in Carmichael, California, 95608. The property is located in an attractive and affluent part of Carmichael and is a short distance to downtown Sacramento.
Aspen Village provides their residents with numerous onsite amenities, including a swimming pool with a shaded deck area. The community includes a laundry room with three washers and dryers, covered parking, ample visitor spaces, and external patio lighting. Aspen Village has controlled entry through the main entrance and the parking area. All units have central heat and AC, hardwood kitchens, an individual electric water heater, a ceiling fan, a full-size refrigerator, and a dishwasher.
Aspen Village is virtually surrounded by some of Sacramento’s most prestigious and affluent neighborhoods, including Arden Oaks, Arden Park, Sierra Oaks and Wilhaggen. This economic security with outstanding educational and recreational facilities creates an ideal setting for a vibrant and stable community with tremendous upside opportunities for the new owner.
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Global I.N. Inc.
3400 Cottage Way
Suite H
Sacramento, CA 95825
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Mike Wahba
President
415-312-7706
mike@globalin.us
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