
Rogue Valley Village
3761 South Pacific Highway, Medford, OR, 97501, US
$3,250,000 | 76 units
Jones Lang LaSalle America’s Inc. (“JLL”), is pleased to present the exclusive listing of Skylark Place (the “Property”), a value-add garden style community located in Carmichael, California. The Property offers a unique investment opportunity in a highly desirable, supply constrained suburb of Sacramento.
The property contains 198 units and is comprised of one bedroom and two bedroom units. The living spaces at Skylark Place offer a well-maintained, spacious feel, in a quiet suburban community. The asset has undergone light interior and exterior improvements, with 43 of the units having been renovated by current Ownership (3 units were renovated by prior Ownership, totaling 46 renovated units, or 23% of the asset).
Skylark Place is proximate to numerous parks, including the expansive Carmichael Park and the scenic American River Parkway, which offer abundant opportunities for outdoor recreation and promote an active, healthy lifestyle. Carmichael’s appeal extends to families drawn by its strong schools and safe neighborhoods, as well as young professionals and retirees attracted to its balanced lifestyle. The community boasts a rich cultural scene, with attractions like the Effie Yeaw Nature Center and Jensen Botanical Garden, while also offering diverse dining and shopping options that cater to various tastes and needs. As Carmichael continues to grow and develop, with ongoing community improvement projects, Skylark Apartments stands to benefit from the area’s increasing desirability.
With its ideal location, proximity to amenities, and potential for value appreciation, Skylark Place represents a rare opportunity for investors looking to capitalize on the ongoing demand for quality housing in a prime Sacramento suburb.