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The Quarter Apartments, Carmichael

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The Quarter Apartments, Carmichael

4939 Marconi Ave, Carmichael, CA 95608
Price: $ 11,750,000
Property Size: 50,640 sqft
Cap Rate: 4.73%
NOI: $ 556,141
Lot Size: 2.06 acres
Units: 88
Year Built: 1965
Status: For Sale

The Quarter Apartments is a two-story, garden-style apartment community located in the Carmichael area of Sacramento County. Carmichael was rated the strongest rent growth sub-market in the Sacramento region during 2019. Current ownership has completed significant improvements to the property including new roofs and interior upgrades.