Property Details
About this Property
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.
MLS Listing Information
MLS #
ME225049622
MLS Source
MetroList Services, Inc.
Days on Site
21
Interior Features
Flooring
Varies by Unit
Laundry
Coin Operated
Cooling
Central Forced Air, Varies by Unit, Window/Wall Unit
Heating
Central Forced Air, Varies by Unit, Wall Furnace
Exterior Features
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Yuba City Unified
High School District
Yuba City Unified
Water
Public
HOA Fee
$0
Zoning
R3
Contact Information
Listing Agent
Shadi Qutub
Nick Sadek Sotheby's International Realty
License #: 02004283
Phone: (530) 979-4218
Co-Listing Agent
Hasina Ahmadi
License #: 02102147
Phone: (916) 596-5588
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 31 | 0 | 31 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1250 Melton Dr is a Residential Income in Yuba City, CA 95991. This 21,019 square foot property sits on a 0.74 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,100,000 and was built in –. This address can also be written as 1250 Melton Dr, Yuba City, CA 95991.
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This listing information is up-to-date as of April 24, 2025. For the most current information, please contact Shadi Qutub, (530) 979-4218
