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For Sale

Marconi Meadows Apartments

4730 Marconi Avenue,
Carmichael, CA 95608
Represented by
Marcus & Millichap - The DeLoney Group

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
1950
Year Built
1985
Year Renovated
2.08 Acres
Land Area
64 Units
Unit Count
44,774 SF
Property Size

Offering Summary

Investment Overview

The DeLoney Group is pleased to exclusively present 4730 Marconi Avenue, known as Marconi Meadows Apartments, a 64-unit garden-style multifamily community located in Carmichael, within the Sacramento metropolitan area. The property offers a mix of one- and two-bedroom apartment homes spread across several low-rise residential buildings. The community has benefited from an ongoing renovation program, with many of the apartment interiors upgraded. Improvements have modernized the property while maintaining its established garden-style character. The remaining unrenovated or partially renovated units may provide an opportunity for a new owner to continue the renovation program and further enhance the community. Marconi Meadows offers on-site parking and landscaped common areas and is situated along the Marconi Avenue corridor with convenient access to shopping, dining, employment centers, schools, and major Sacramento-area transportation routes. Overall, the property represents an established Sacramento-area multifamily asset with a combination of existing improvements, stable operations, and additional value-add potential through continued interior renovations and property enhancements.


Investment Highlights

  • SB 721 balcony inspection complete - no corrective work required
  • 46 units fully renovated
  • Desirable unit mix of one- and two-bedroom apartments
  • High Occupancy
  • Proximity to major arterials including Business 80, Watt Ave, Howe Ave, and Fulton Ave

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$10,800,000
Asking Price

Investment Sales Broker

Tony DeLoney
Marcus & Millichap - The DeLoney Group

Market Insights