Investment Overview

The DeLoney Group at Marcus & Millichap has been retained as exclusive agent to offer free simple interest of White Front Apartments, a family legacy asset garden style apartment community located in Yuba City, California. White Front was originally constructed in 1970. The property consists of 8 two-bedroom/one-bathroom units with approximately 750 rentable square-feet and 4 one bedroom/one-bathroom floor plans with approximately 580 rentable square-feet. The offering provides an opportunity to purchase a well-located property with a significant value add component. Average rent at the property is approximately 20% below market. Additionally, there is a laundry room on site that is currently out of operation. In addition to the income earned from the reintroduction of laundry services for residents, a signing bonus with a 3rd party laundry vendor may also be available. Residents enjoy easy access to Feather Downs Shopping Center and the Yuba Sutter Mall, which includes national retailers such as JC Penney, Sears, CVS, Starbucks, Raley’s Supermarket, along with several other shopping and entertainment venues. Yuba City has recently seen local employment growth due to the recently constructed Hard Rock Casino and Resort, Yuba City College, Beale Air Force Base as well as the expansion of Rideout Memorial Hospital. Yuba City is also a 45-minute drive from Sacramento on either Highway 65 or 70, and around two hours from the Greater Bay Area connecting to Interstate 80. All tours must be scheduled through The DeLoney Group. Please do not disturb management or tenants.