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