Investment Overview

Marcus & Millichap is proud to present the sale on this exceptional 12-unit apartment building located in the heart of downtown Davis, California. This pride of ownership asset offers a unique opportunity for investors seeking a lucrative real estate venture in one of the most desirable locations in the region. With all 1-bedroom units and an unbeatable location, this property promises both attractive rental income potential and long-term value appreciation. Situated in the lively downtown area of Davis, this apartment building benefits from close proximity to an array of amenities, including trendy restaurants, boutiques, entertainment venues, parks, and a lively community atmosphere. Tenants will relish the convenience of walking to nearby attractions, University of California, Davis (UC Davis) campus, and public transportation options. Additionally, the demand for rental properties in Davis is bolstered by the university's student population, providing a reliable tenant pool. For investors seeking value appreciation, this property presents upside potential through strategic improvements and rental rate optimization. With the right upgrades and marketing efforts, investors can enhance rental income and property value over time. Due to its proximity to UC Davis and downtown amenities, the property maintains a historically low vacancy rate. Such a favorable vacancy trend translates into a consistent cash flow for investors, contributing to the overall appeal of this opportunity. Davis, CA, is a vibrant city nestled in Yolo County, California. Driven by the presence of the University of California, Davis, the city boasts a population of around 70,000 residents. With a focus on sustainability, a bike-friendly culture, and a diverse community influenced by the university, Davis offers a unique blend of small-town charm and academia. The city's dynamic demographics are characterized by a significant student presence, leading to a lively atmosphere and a strong emphasis on education and family-friendly small town living.