Carmichael, CA 95608,2601 Carmichael Way
Carmichael, CA 95608,2601 Carmichael Way
Carmichael, CA 95608,2601 Carmichael Way
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$5,295,000
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26,832 SqFt
Active

2601 Carmichael Way Carmichael, CA 95608

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 26,832 sqft

Price per Sqft $197

MLS Listing ID 41089843

HOA Y/N No

Year Built 1963

Lot Size 1.276 Acres

Acres 1.31

Property Sub-Type Apt Complex

Property Description

6.05% CAP and 10.77 GRM Day one! 2601 Carmichael offers oversized one- and two-bedroom units, each with an in-suite washer and dryer, ranging from approximately 1,090 to 1,490 square feet. Residents enjoy at least one large private patio or balcony, and a secured swimming pool enhances tenant appeal. With one of the region's lowest vacancy rates, Carmichael remains a strong rental market. The new owner can implement a Ratio Utility Billing System (RUBS) to allocate utility costs, typically adding $25-$100 per unit in additional revenue. These improvements will boost cash flow and add value to the complex by implementing the RUBS to those units not already included. The Hause Apartments attracts quality tenants due to its prime location, proximity to a good school district, and being minutes from the American River. Don't miss this rare investment opportunity in Carmichael!

Location

State CA

County Sacramento

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Flooring Hardwood, Laminate

Fireplace No

Appliance Dryer, Washer

Exterior

Utilities Available Other Water/Sewer

Building

Lot Description Regular

Water Other

New Construction No


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Listed by Willem Bos • COMPASS

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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2601 Carmichael Way