Property ID: Royal Crest Apartments

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

Property Details

4730 El Camino Avenue

Carmichael, CA

Neighborhood: Carmichael

Price: SOLD for $5,900,000

Building Size: 80,122 SF

Property Type: Multifamily

Subtype: Garden/Low-Rise

Lot Size:

Number of Units: 95

APN/Parcel ID: 282-0030-020-0000

Price per Unit: $63,147

Use Type: Investment

Cap Rate: 6.65%

Gross Multiplier:

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