CA > Carmichael
Carmichael, CA 95608,2601 Carmichael Way
Carmichael, CA 95608,2601 Carmichael Way
Carmichael, CA 95608,2601 Carmichael Way
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Listed by Willem Bos • COMPASS
$5,395,000
Est. payment /mo
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26,832 SqFt
Active

2601 Carmichael Way Carmichael, CA 95608

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Max Manatt

Max Manatt

+1(925) 980-3375

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Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 26,832 sqft

Price per Sqft $201

MLS Listing ID 41089843

HOA Y/N No

Originating Board Bridge AOR

Year Built 1963

Lot Size 1.276 Acres

Property Sub-Type Apt Complex

Property Description

The property 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

Interior

Heating Forced Air

Cooling Central Air

Flooring Hardwood, Laminate

Fireplace No

Appliance Dryer, Washer

Building

Lot Description Regular

Bay East AOR and Contra Costa AOR
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Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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