Quail Ridge Apartments
Quail Ridge Apartments is a great place to live!
Quail Ridge Apartments is a quality multi-family asset located in the exclusive area of Cameron Park, California. Quail Ridge was constructed in 1989-1990 and consists of one (non-confirming) 500-square foot studio, twenty 671-square foot one-bedroom/one-bath units, twenty-four 890-square foot one-bedroom/one-bath units, and one 1,000-square foot two-bedroom/two-bath unit currently occupied by the on-site manager. The complex was constructed of wood frame, with pitched composition roofs, and is situated on a concrete slab. Units feature wood-burning fireplaces, central heat and air conditioning, ceiling fans, fully amenitized kitchens, and patios and balconies. Community amenities boast a large swimming pool and spa, fitness center, on-site laundry facility, mature landscaping and ample covered and non-covered parking.
Quail Ridge is located in Cameron Park, just yards from Green Valley Road, and minutes to Cameron Park Plaza shopping center. It is approximately ten minutes from Highway 50 and 15 minutes to Folsom. The Cameron Park area has an affordability gap between between for-rent and for-sale housing, allowing the new owner strong prospects for long term rental upside. With easy access to Highway 50 and Green Valley Road, Quail Ridge is well located to draw tenants from job centers located in the immediate and surrounding areas. Cameron Park is also an area with barriers to entry and a limited amount of land that can be developed; further increasing the rental growth potential over time.