Investment Overview

** THIS PROPERTY IS ALSO OFFERED AS PART OF A 495-UNIT PORTFOLIO IN ARCATA, CA - See OM for more details ** Marcus & Millichap is pleased to present Hidden Grove Apartments comprised of 36 multifamily units and strategically located at 451 Bayside Court in Arcata, CA. Hidden Grove was originally built as a 14-unit complex in 1977 and sits on a 1.41 acre lot. In 2020, the owner developed an additional 22 units converting the complex into a 36-unit project. The unit mix is comprised of four different 1-bedroom floor plans and two 2-bedroom floor plans which includes townhomes. The list price for Hidden Grove is $5,050,000. Arcata, nestled in Humboldt County, is renowned for its scenic beauty, vibrant arts scene, and proximity to key employment and education hubs, including Cal Poly Humboldt University. The property benefits from its central location, offering easy access to downtown Arcata, local shops, restaurants, and the Arcata Marsh & Wildlife Sanctuary. This prime location ensures a steady rental demand, supported by the region's growing economy and limited housing supply. Hidden Grove is located in the Sunny Brae suburb region of Arcata, CA. To the east, hiking trails wind through towering redwoods and Douglas firs, and to the west, coastal wetlands extend out towards the misty waters of Arcata Bay. Sunny Brae offers a blend of suburban tranquility, convenient amenities, and a strong sense of community, making it a desirable place to live in Arcata.