CBRE, as the exclusive advisor, is pleased to present the opportunity to acquire Barnett Village, a 39 unit multifamily community in Shingle Springs, CA. Built in 1988, the unit mix consists of entirely two-bedroom floor plans with average in-place rents $390+ below market rents. A new owner has the opportunity to drive NOI through multiple avenues of increased income such as implementing a utility reimbursement program and strategically capturing the loss-to-lease existing on the current rent roll. The physical plant of the property has been maintained to an exceptional standard, with consistent capital expenditures invested into the property including replacing several balconies over the last few years. The property’s superior condition is a direct result of the owners’ strong pride of ownership and their commitment to meticulous, ongoing maintenance. For more information, please reach out to Marc Ross, Joe McNamara or Claire Holt.