6145 Fair Oaks Blvd. | Carmichael, CA 95608

WOODED VILLAGE APARTMENTS – 6145 Fair Oaks Blvd. | Carmichael, CA 95608

51 UNIT APARTMENT COMPLEX

Investment Highlights

Trustee Sale
51 unit Apartment Comple
Garden Style Complex
Parking spaces 68 on-site spaces
On site laundry recently upgraded
Pool & Spa
Property Manager on site
24-Hour access
Below market rents with upside
Utilities include water & garbage
Community Building
Units have Air Conditioning/Heating
6-Townhouse style Units

Excellent Location

Wooded Village is an apartment complex located in Carmichael, Sacramento County California and the 95608 ZIP Code. The Wooded Village Apartment complex is located mid-block, on the west side of Fair Oaks Blvd., Carmichael. This area is served by the San Juan Unified attendance zone. Wooded Village Apartments is a great place to live, within walking distance of shopping, schools, restaurants, Ancil Hoffman Park and the Effie Yeaw Nature Center. Many residents have called Wooded Village home for 10 years or more! Interior and exterior updates are being done to improve the property look and feel. The neighborhood offer a taste of suburban life surrounded by natural beauty. Known for its well-established streets and mid-century homes, this area is perfect for families, retirees, and pet owners who value green spaces and community. An abundance of parks, including the sprawling Ancil Hoffman Park, paired with beautiful walking trails along the American River, makes outdoor activities a staple of the Carmichael lifestyle. Local markets, niche cafes, and a friendly vibe create an inviting and relaxed environment.

Strong Unit Mix

Wooded Village Apartments features 51 apartments in 10-separate buildings.
(13) 1 bedroom/1 bathroom apartments
(22) 2 bedroom/2 bathroom apartments
(10) 2 bedroom/2 1/2 bathroom apartments
(6) Townhouse style/2-bedroom2 bathroom units
The Townhouses have stairs to the upper bedroom and bath. The second floor (2nd) apartments have attractive timber framed ceilings

Complex Amenities

Pool & Spa, 2-Laundry facilities recently upgraded, attractive landscaping, property manager on site, walk up units & Pool equipment building housing a property wide hot water boiler system. There is a community building and 4-maintenance and material storage rooms.

Unit Amenities

Include air conditioning, heating, ceiling fans, tub/shower, window coverings, vaulted ceilings, plank wood & carpet flooring, high speed internet access, patio & balconies, Dining room, high ceilings, linen closet, deck, & family room.

Kitchen Features & Appliances

Kitchens have dishwater, microwave, refrigerator, granite or quartz countertops, walk-in-closets, Disposal, pantry, kitchen oven, refrigerator, eat-in-pantry, range & pantry, range freezer, & pantry.

Secure Investment Opportunity

Rental upside through strategic renovations of units and operational efficiencies.

Population

	1 mile	3 miles
Population	16,064	131,323
Household	6,350	51,039
Median Age	41.70	40.40
Median HH Income	$72,676	$80,178
Daytime Employees	3,474	38,862
Population Growth ’24 – ’29	0.69%	0.32%
Household Growth ’24 – ’29	0.74%	0.28%

Market Overview

In most submarkets in the Sacramento metro, strong net absorption in 2024 is tied to construction completions. Areas that lack development have struggled to maintain their renter base, but Carmichael/Citrus Heights has proven to be the exception. Trailing 12-month net absorption reached 91 units after posting negative demand throughout 2022 and 2023. Strong demand has put downward pressure on the vacancy rate, which rests at 4.5%, well below the marketwide figure of 6.7%. The lack of construction has contributed to the low vacancy rate. No projects have been delivered since 2014, and no projects have broken ground since. The lack of construction is, in part, due to the lack of available land in the area.