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Multifamily

Orange Tree Apartments

311 7th St, Davis, CA 95616

Listing Price: $3,895,000

Cap Rate
5.25%
Number of Units
16
GRM
11.48
Price/Unit
$243,438
Price/Gross SF
$346.35
Gross SF
11,246

Investment Overview

Marcus & Millichap is pleased to present the Orange Tree Apartments located at 311 7th St, an impeccably maintained apartment community in the desirable college town of Davis, California. Located just minutes from UC Davis, this multifamily investment offers an attractive mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one- bathroom units, providing a well-balanced portfolio for stable rental income.

Additionally, the property has undergone signicant capital improvements including reinforced foundation, bathroom window replacements, new entrance door, newly paved parking lot, electrical work, and both front and back yard relandscaping.

This property presents a valuable investment opportunity in one of the Central Valley’s strongest rental markets, with functional advantages over neighboring properties and substantial value-add potential. Its prime location offers residents an easy 3-minute commute to UC Davis, while Sacramento City College and California State University, Sacramento are just a short drive away. Several public and private schools are also conveniently nearby, making it a sought-after rental option for students and families alike.

Residents of the Orange Tree Apartments enjoy access to nearby parks like Davis Community Park, as well as an array of local amenities including an arts center, skate park, and frequent

Investment Highlights

  • Significant value-add potential through interior renovations and rental upside.
  • Excellent unit mix with 8 one-bedroom/one-bathroom units and 8 two-bedroom/one-bedroom units.
  • Recent property upgrades include double-pane windows, upgraded entry doors, exterior paint, new electrical panels, improved landscaping, reinforced foundation, and a newly paved parking lot.
  • Prime location on a 0.46-acre lot (19,848 sqft), just minutes from UC Davis and close to major educational and cultural amenities.

Exclusively Listed By

Multifamily

Orange Tree Apartments

Listing Price: $3,895,000

Cap Rate
5.25%
Number of Units
16
GRM
11.48
Price/Unit
$243,438
Price/Gross SF
$346.35
Gross SF
11,246

Investment Highlights

  • Significant value-add potential through interior renovations and rental upside.
  • Excellent unit mix with 8 one-bedroom/one-bathroom units and 8 two-bedroom/one-bedroom units.
  • Recent property upgrades include double-pane windows, upgraded entry doors, exterior paint, new electrical panels, improved landscaping, reinforced foundation, and a newly paved parking lot.
  • Prime location on a 0.46-acre lot (19,848 sqft), just minutes from UC Davis and close to major educational and cultural amenities.

Investment Overview

Marcus & Millichap is pleased to present the Orange Tree Apartments located at 311 7th St, an impeccably maintained apartment community in the desirable college town of Davis, California. Located just minutes from UC Davis, this multifamily investment offers an attractive mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one- bathroom units, providing a well-balanced portfolio for stable rental income. Additionally, the property has undergone signicant capital improvements including reinforced foundation, bathroom window replacements, new entrance door, newly paved parking lot, electrical work, and both front and back yard relandscaping. This property presents a valuable investment opportunity in one of the Central Valley’s strongest rental markets, with functional advantages over neighboring properties and substantial value-add potential. Its prime location offers residents an easy 3-minute commute to UC Davis, while Sacramento City College and California State University, Sacramento are just a short drive away. Several public and private schools are also conveniently nearby, making it a sought-after rental option for students and families alike. Residents of the Orange Tree Apartments enjoy access to nearby parks like Davis Community Park, as well as an array of local amenities including an arts center, skate park, and frequent

Exclusively Listed By

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