Investment Details
Recently repriced! See brochure for updated loan quote / proforma and floor plans. Royal Crest Apartments is a low density, garden style apartment building located in Carmichael, CA, a suburb of Sacramento. There are eight (8) spacious one bedroom floor plans with up to 1,000 SF in each. There is a large, sparkling pool and plentiful laundry facilities. There are more than adequate parking spaces in the lot and each unit has a large patio or balcony.
The property is located on El Camino Avenue in Carmichael, 15 minutes from downtown Sacramento on Business 80. There is neighborhood shopping and the bus lines travel El Camino Avenue with a bus stop less than 100 feet away from the rental office.
Each apartment has a large patio or balcony
Central heat and AC
Refurbished apartments / new carpet and appliances
Less than 2 miles from: Walmart, Sam's Club, Michaels & Sports Authority
Over 120,000 people within 3 miles
We'd love to tell you more about our experience with this property. For more information please contact Bob Clippinger at bob@cip-inc.com.
Investment Stats
132%
Return on Investment
11%
Annual Return on Investment
2X
Annual Rate of Return
$100K
Minimum Down
Property Details
Property Type
Multi-Family
# of Units
Target Hold Time
5 Years
Total Square Footage
89,050
Target Cash Investment
Status
INVESTMENT EXITED & EXCHANGED
Property Location
4730 El Camino Ave, Carmichael, CA 95608, USA