Transwestern Real Estate Services Brokers Sell Carmichael Multifamily Property For $16.5M On Sutter Avenue

Transwestern Real Estate Services represented the buyer and seller in the sale of a multifamily property in Carmichael. The property, located at 5820 Sutter Ave., was sold for a total price of $16,500,000. The transaction took place on February 9, 2022, and involved a total of 76 units. The price per unit was calculated to be $217,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,500,000
• Address: 5820 Sutter Ave.
• Market: Carmichael
• Units: 76
• Price per Unit: $217,000

Shivu Srinivasan, Robert Dau, Dante Giacomini, and Connor McGarty from Transwestern Real Estate Services were the brokers involved in the deal.