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 Twin Parks Apartments, a prime investment opportunity featuring new construction and modern units located adjacent to Shay Park, near Arcata High, and within walking distance to Cal Poly Humboldt. Twin Parks is comprised of 40 multifamily units and strategically located at 1451 & 1455 Foster Avenue in Arcata, CA. The property offers a selection of studios and one-bedroom apartments, each with one bathroom, and all have sturdy vinyl flooring. All apartment units come with either a patio or balcony, providing private outdoor space. Twin Parks benefits from its strategic location surrounded by a vibrant neighborhood filled with restaurants, coffee shops, and markets. Additionally, the scenic trail system in Shay Park, complete with hidden railroad tracks, adds unique recreational value to the area. The property also features essential amenities such as a coin-operated laundry facility and ample off-street parking, enhancing its appeal to prospective tenants. 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.