Cameron Park Homes with Apartments Subtype Description

Cameron Park Homes with Apartments Subtype Description

Welcome to Cameron Park, a hidden gem nestled in the heart of El Dorado County, California. Known for its picturesque landscapes and vibrant community, Cameron Park offers a unique blend of suburban charm and natural beauty. With its rolling hills and lush greenery, this delightful city is perfect for those seeking a peaceful retreat while still being close to urban amenities.

Cameron Park boasts a strong sense of community, making it an ideal place for families, retirees, and young professionals alike. The area features an array of parks, recreational facilities, and hiking trails, ensuring that outdoor enthusiasts have plenty of opportunities to explore the great outdoors. The local schools are highly regarded, and the community hosts various events throughout the year, fostering a friendly and welcoming atmosphere.

When it comes to real estate, Cameron Park offers a diverse selection of homes, including those with apartment subtypes. These properties are perfect for multi-generational living, providing both privacy and togetherness. Whether you’re looking for a spacious family home with a separate apartment for guests or an investment property that generates rental income, you’ll find an array of options to suit your needs.

With its convenient access to major highways, Cameron Park is just a short drive away from the bustling city of Sacramento, while still offering the tranquility of a small-town feel. Experience the best of both worlds in Cameron Park, where your dream home awaits amidst stunning scenery and a vibrant community!

Newest Cameron Park Homes with Apartments Subtype Description

$3,950,000
13,495 SqFt. 226091706 MLS
Camelot Woods Condominiums, a 15-unit townhouse-style condominium community located in the desirable Cameron Park submarket of El Dorado County. Constructed in 2008, the property offers investors the rare opportunity to acquire a newer vintage multifamily asset featuring spacious townhome floor plans, stable rental history, and meaningful income upside with more aggressive management. Camelot Woods Condominiums consists of fifteen two-bedroom, one-and-one-half-bathroom townhouse residences, each approximately 900 square feet. The thoughtfully designed twostory floor plans provide residents with the comfort and privacy similar to single-family living while maintaining the operational efficiencies of a professionally managed rental community. Each residence features maple cabinetry, solid surface countertops, tile flooring in the kitchen and dining areas, central heating and air conditioning, in-unit laundry, private patios or balconies, and covered parking. Additional parking spots are available for rent. Current ownership has maintained the property to a high standard (SB 721 compliant), resulting in an attractive community with minimal deferred maintenance. Built in 2008, Camelot Woods benefits from newer construction than most multifamily inventory in the region, reducing near-term capital expenditure requirements and allowing a new owner to focus on income growth. Average in-place rents of approximately $1,746 per month remain below the projected market average of approximately $1,995 per month, providing investors with a clear opportunity to increase revenue through natural lease turnover and not needing to renovate units to achieve market rent. Ideally located in the heart of Cameron Park, residents enjoy convenient access to Highway 50, placing major employment centers in Folsom, El Dorado Hills, Placerville, and Downtown Sacramento within an easy commute. The community is surrounded by grocery stores, restaurants, parks, schools, and everyday conveniences while benefiting from Cameron Park's desirable foothill setting, highly-regarded quality of life, and strong rental demand.

3958 Lancelot Court, Cameron Park

Listing courtesy of Marcus & Millichap Real Estate.

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