Marconi Meadows Apartments
64 Well-Maintained Apartment Homes
Marketing description
Marconi Meadows Apartments is a well-maintained one and two story apartment community with a highly desirable and balanced unit mix of 1BR (56%) and 2BR (44%) units. The property consists of 64 apartment homes with units ranging in size from 564 SF to 865 SF. Ownership continues to engage an active renovation program, including both interior and exterior improvements. Approximately 45 units at the property have been thoroughly renovated. . The asset offers new ownership a strong performing property with a desirable unit mix in an outstanding location with a reliable income and occupancy history. Constructed in two phases (24-units in the late 50’s and 40-units in the mid 80’s), Marconi Meadows is situated in Sacramento’s Carmichael submarket, a centralized area in the heart of the region.
Investment highlights
Active Improvement Program with 45 units Renovated
Strong Operating History
Well-balanced unit mix of 56% 1-bedrooms & 44% 2-bedrooms
Outstanding regional and submarket location
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