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Multifamily

Cambridge Oaks

2572 Knollwood Ct, Cameron Park, CA 95682

Listing Price: $3,300,000

Cap Rate
5.34%
Number of Units
20
GRM
8.67
Occupancy
95.0%
Price/Unit
$165,000
Price/Gross SF
$195.41
Gross SF
16,888

Investment Overview

The DeLoney Group of Marcus & Millichap is pleased to present Cambridge Oaks Apartments, a family legacy asset built in 1986 in the Sacramento suburb of Cameron Park, California. The property features a mix of 1 and 2 bedroom units that total an average of 800 square feet per unit.

The property’s spacious units include many functional advantages over it’s nearby competition including but not limited to central HVAC, dishwashers, garbage disposals, balconies / patios, huge walk win closets, and covered parking. Tenants also enjoy the convenience of onsite laundry with three (property owned) washers / dryers. Market comparables strongly suggest a 20-25% loss-to-lease upside thesis with moderate turn quality upgrades. The demand is very strong in Cameron Park and El Dorado County.

The property is located seconds off US highway 50, allowing tenants convenient commuting access to Sacramento to west and Placerville to the east. Major retailers and grocers are located minutes away in town. Cameron Park living allows tenants a slower pace lifestyle but also provides close proximity to major employment opportunities of the Sacramento MSA.

Tours will be allowed with listing agents present. Do not disturb management or tenants.

Investment Highlights

  • 1986 construction with spacious units – Average unit size is approximately 800 square feet
  • Great Cameron Park location – Seconds to US Highway 50
  • Value add opportunity – Approximately 20% loss to lease
  • Onsite Laundry, Covered Parking, and Central HVAC

Exclusively Listed By

Multifamily

Cambridge Oaks

Listing Price: $3,300,000

Cap Rate
5.34%
Number of Units
20
GRM
8.67
Occupancy
95.0%
Price/Unit
$165,000
Price/Gross SF
$195.41
Gross SF
16,888

Investment Highlights

  • 1986 construction with spacious units – Average unit size is approximately 800 square feet
  • Great Cameron Park location – Seconds to US Highway 50
  • Value add opportunity – Approximately 20% loss to lease
  • Onsite Laundry, Covered Parking, and Central HVAC

Investment Overview

The DeLoney Group of Marcus & Millichap is pleased to present Cambridge Oaks Apartments, a family legacy asset built in 1986 in the Sacramento suburb of Cameron Park, California. The property features a mix of 1 and 2 bedroom units that total an average of 800 square feet per unit. The property’s spacious units include many functional advantages over it’s nearby competition including but not limited to central HVAC, dishwashers, garbage disposals, balconies / patios, huge walk win closets, and covered parking. Tenants also enjoy the convenience of onsite laundry with three (property owned) washers / dryers. Market comparables strongly suggest a 20-25% loss-to-lease upside thesis with moderate turn quality upgrades. The demand is very strong in Cameron Park and El Dorado County. The property is located seconds off US highway 50, allowing tenants convenient commuting access to Sacramento to west and Placerville to the east. Major retailers and grocers are located minutes away in town. Cameron Park living allows tenants a slower pace lifestyle but also provides close proximity to major employment opportunities of the Sacramento MSA. Tours will be allowed with listing agents present. Do not disturb management or tenants.

Exclusively Listed By

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