PROPERTY Marconi Meadows Apartments is a well-maintained, one- and two-story, apartment community with a highly desirable and balanced unit mix of 1BR (56%) and 2BR (44%) units. The property consists of 64 apartment homes with units ranging in size from 564 SF to 865 SF. Ownership continues to engage in an active renovation program at the property, including both interior and exterior improvements. Approximately 45 units at the property have been completely renovated to date. LOCATION Marconi Meadows is located in the unincorporated district of Carmichael, Sacramento County. Carmichael is mostly characterized as a stable, resilient housing market with a high demand for workforce housing. This submarket remains tight at an impressive average occupancy rate north of 95%. The property is ideally located near several major transportation arterials, providing easy access to both employment and shopping destinations throughout the Sacramento metro region.