Off Market

1250 Melton Drive, Yuba City, CA 95991

1250 Melton Drive, Yuba City, Sutter, CA, 95991
4 months ago
Views: 36

$4,100,000(Negotiable)

Overview

3462204

Type

5 or More Units

Parking

Yes

Sqft

21019

Build Year

1991

Purpose

For Sale

About This Listing

Pheasant Court presents a rare opportunity to acquire a well-maintained, 32-unit apartment complex in the heart of Yuba City. Built in 1991, the property consists of a strong unit mix with a studio, (7) one-bedrooms, and (24) two-bedroom units ideal for attracting a broad tenant base. Strategically located near retail, schools, and major freeway access, Pheasant Court benefits from consistent tenant demand and minimal vacancy. At an average price of **$132,258 per door**, this offering sits below replacement cost, presenting immediate value and significant long-term upside through rent growth and operational efficiencies. Whether you’re expanding your portfolio or entering a stable submarket with strong fundamentals, Pheasant Court is an ideal value-add or long-term hold opportunity for investors looking to expand or optimize their multifamily portfolio.

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MetroList CA data Last Updated: October 8, 2025, 1:39 pm

Data Source: SACM