2601 Carmichael Way , Carmichael, CA 95608

  • $5,295,000
  • $5,395,000
2601 Carmichael Way , Carmichael, CA 95608
Active
2601 Carmichael Way , Carmichael, CA 95608
2601 Carmichael Way , Carmichael, CA 95608
  • $5,295,000
  • $5,395,000

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!

  • Address 2601 Carmichael Way
  • State/county CA
  • Zip/Postal Code 95608

Details

Updated on April 25, 2025 at 12:39 pm
  • Property ID: 41089843
  • Price: $5,295,000
  • Land Area: 1.2764 Acres
  • Garage Size: x x
  • Year Built: 1963
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Features

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman