The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	Call for Details
Units	92
Year Built	1989

Investment Highlights

Proven Value-Add with Rental Upside
Solid Collections
Desirable Unit Mix with In-Unit Full Size Washer & Dryers
Modernized Community
High Walkability in Desirable Submarket
ACE-Bart Connection with Extension to Sacramento
Minutes Away From 250,000 Jobs

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire Brookside Apartments, a 92-unit multifamily community located at 4849 Manzanita Avenue in Carmichael, California. Built in 1985, this well-maintained asset is comprised of an attractive mix of spacious one- and two-bedroom floorplans averaging 896 square feet. Amenities include a pool, spa, tennis court, fitness center, and EV charging stations. Additionally, Brookside Apartments boasts an excellent location, perfectly situated to capitalize on strong nearby academic institutions as well as on a large nearby recreational community, being mere minutes from the Sierra Nevada Foothills and the Tahoe Basin. Desirable amenities, access to conveniences, and proximity to local attractions culminate in a robust potential tenant base.

4849 Manzanita Avenue
Carmichael, CA 95608

The property is less than a half-mile from Crestview Village Shopping Center and is 2.2 miles from Highway 80, which provides connectivity to the major job centers, educational institutions, and entertainment venues located throughout the Central Valley region.