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SACRAMENTO, CALIF. – A family trust has purchased the 197-unit Parkwood apartment building in the Sacramento suburb of Carmichael for $14.2 million. The community is located at 6930 Fair Oaks Blvd., across from Carmichael Park. It was built in two phases that commenced in 1973 and 1985. Eric Price of Marcus & Millichap’s Sacramento office represented both the buyer and the seller, another family trust, in this transaction.