CONTRY ILLAGE Apartments 44 NITS CARMICHAEL, CA
All property showings are by appointment only and must be arranged through Michael Mathios. Please do not disturb the on-site management. OFFERING TERMS Property will be delivered free and clear. SACRAMENTO MLTIFAMILY ADISORY GROP LEAD MICHAEL MATHIOS Senior Director michael.mathios@cushwake.com +1 916 288 4522 LIC #01252862 TOR DATES & TIMES Tuesday, December 11, 2018 10:00am to 12:00pm Thursday, December 13, 2018 1:00pm to 3:00pm OFFERING PROCESS Send offers via email to: Michael Mathios michael.mathios@cushwake.com 400 Capitol Mall, Suite 10 Sacramento, CA 95814 Phone: +1 916 288 40 Fax: +1 916 446 0024 www.cushmanwakefield.com
OFFERING The Cushman & Wakefield Sacramento Multifamily Advisory Group is pleased to present the exclusive listing of Country illage Apartments, a 44 unit community located in the heart of the highly desirable Carmichael suburb in Sacramento, CA. Built in 1976, Country illage offers an outstanding opportunity to invest in a stabilized asset with value add potential via implementation of a targeted renovation program of upgrading interior amenities to a more modern look and feel, in order to achieve a higher rent schedule which is being realized in the marketplace. This truly turnkey community is a wonderful investment to own individually or add to a growing portfolio. CONTRY ILLAGE APARTMENTS Address County Number of nits 8141 Fair Oaks Boulevard, Carmichael, CA 95608 Sacramento County 44 nits Year Built 1976 Rentable Area Avg. nit Size Site Size 37,840 SF 860 SF 1.84 Acres Avg. Asking Rent $1,186 Avg. Asking Rent/SF $1.38 Occupancy 97%
PROPERTY SMMARY Number of nits 44 nits Year Built 1976 Land Area 1.84 acres APN 245-0240-025 Stories Two Stories Net Rentable Area 37,840 SF Average nit Size 860 SF Parking 44 covered spaces & 8 open spaces TILITIES SERICE/TILITY SORCE/ COMPANY PAID BY Gas N/A N/A Electricity SMD Resident Water Sewer Carmichael Water District Sacramento County Consolidated tilities Billing & Service Owner Owner Trash Removal Republic Services Owner SITE NIT MIX SMMARY Address County Size/Density CONSTRCTION DETAIL Roof Exterior Walls Structure Foundation Windows 8141 Fair Oaks Boulevard, Carmichael, CA 95608 Sacramento County 1.84 Acres/ 23.9 Du/Acre Pitched composition T1-11 siding Wood frame Concrete slab Dual pane vinyl sliders TYPE # NITS % NITS SIZE (SF)* 1 BR-1 BA 12 27% 660 SF 2 BR-1 BA 16 36% 8 SF 2 BR-1.25 BA 16 36% 990 SF TOTAL/AG. 44 nits 100% 37,840 SF / 860 SF AG. *nit sizes are based on information supplied by owner Stairs Hot Water Delivery HAC Concrete treads with steel stringer Individual 30 gallon electric hot water heater Central heat & air
INTERIOR & COMMNITY FEATRES
LOCATION OERIEW Woodland 101 Rio Linda 5 Folsom Carmichael 50 Cameron Park Healdsburg 505 Windsor West Sacramento Santa Rosa Dixon 128 121 Rohnert Park Benicia 4 Richmond Bay Point Concord Antioch Lodi Stockton 24 Walnut Creek Discovery Bay Danville Pacifica 99 4 Berkeley SAN FRANCISCO 5 6 San Rafael 12 101 Lodi 8141 Fair Oaks Boulevard Carmichael Elk Grove allejo Novato Florin Galt 37 50 Fairfield 221 49 acaville Napa Petaluma SACRAMENTO Davis N Granite Bay OAKLAND San Leandro 92 Manteca San Ramon 5 nion City Dublin 5 205 Ripon Tracy Livermore 6 120 108 Riverbank 219 Modesto 33 Ceres
SACRAMENTO REGIONAL MAP Roseville 65 HIDDEN ALLEY Granite Bay 5 Sacramento Int'l Airport 99 ELERTA Rio Linda MCCLELLAN McClellan AFB McClellan Air field Antelope North Highlands Foothill Farms Citrus Heights Lodi 8141 Fair Oaks Boulevard Carmichael Fair Oaks Orangevale Folsom Lake Folsom El Dorado Hills 50 5 Carmichael GOLD RIER West Sacramento 50 SACRAMENTO La Riviera Rosemont Rancho Cordova MATHER 50 Mather Airport Mather AFB Sacramento Executive Airport 16 RANCHO MRIETA 84 99 Florin SLOGHHOSE 160 5 N CLARKSBRG Elk Grove