Camellia Court Village

Camellia Court Village is well located in the South East Sacramento submarket, nestled in the vibrant neighborhood of Lemon Hill. The property offers a prime location with convenient access to urban amenities, situated just moments away from major thoroughfares, including Highway 99 and Interstate 5, this property provides residents with effortless connectivity to downtown Sacramento and beyond. Sacramento is among the nations fastest growing large cities due to a more affordable quality of life compared to other coastal California markets. The large influx of Bay Area transplants has elevated the median home price in Sacramento MSA to almost $500,000, creating a healthy gap between cost-to-own vs. cost-to-rent. The state's capitol city houses a population size of nearly 500,000 people, making it the sixth most populous city in CA & the ninth largest capital in the US. The combination of limited supply, strong population growth and market vacancy below 3% will allow a new owner to benefit from a location with strong prospects for appreciation and rent growth moving forward.ALIVE Commercial Real Estate is pleased to presents Camellia Court Village, a 24-unit apartment community nestled in the South East submarket of Sacramento, CA. Boasting predominantly two-bedroom units (20x2bd's & 10x1bd's) spread across charming duplex-style buildings, complemented by a standalone single-family home, this property offers a unique blend of comfort and tranquility. Set amidst sprawling grounds spanning nearly two-and-a-half acres, residents are attracted to the serene ambiance, and tree-lined surroundings reminiscent of a park-like setting. Unlike many apartment complexes in the area, the subject property's amenities include gated access for added security, expansive backyards, ample off-street parking, and garages for added storage convenience. Positioned within a private cul-de-sac, residents relish in the exclusivity and peaceful seclusion, shielded from the noise of the city streets. These features collectively appeal to a discerning tenant base, fostering a stable family-oriented demographic drawn to the allure of suburban living. The Purchaser of Camellia Court Village will enjoy the opportunity to acquire a well-managed, well maintained apartment complex with a clear path to upside. A majority of the unit interiors have already been remodeled to reflect continual rental premiums, while still affording the astute investor with further potential for value enhancement through completion of renovations on the remaining units and beautification of the exterior spaces.