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Apartments in Sacramento Suburbs Attract Significant Interest Before $24 Million Sale

More Than Two Dozen Toured and a Dozen Made Offers on Carmichael Apartments
The ReNew Carmichael apartments are located at 6930 Fair Oaks Blvd. in Carmichael, California. Photo: CoStar
The ReNew Carmichael apartments are located at 6930 Fair Oaks Blvd. in Carmichael, California. Photo: CoStar
By Wendy Mora
July 9, 2019 | 6:33 P.M.

The family trust that owned the ReNew Carmichael apartments in Carmichael, California, has sold the property to a real estate investment firm for $24.25 million, or $153 per square foot.

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News | Apartments in Sacramento Suburbs Attract Significant Interest Before $24 Million Sale