The Sacramento-area office of Voit Real Estate Services said it has completed the $10.8 million sale of the 182-unit Westwood Apartments complex in Carmichael.
Voit represented the buyer, Hill Westwood Holdings LLC.
The apartment community at 4900 Marconi Ave. comprises 29 buildings situated on nearly 7 acres. Apartments range from studios to three-bedroom units.
"Sacramento's multifamily market has been increasingly active over the past 12 months, especially among investors," said Rod Ballinger, a Voit assistant vice president and part of the team that finalized the deal.