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Campus Manor 230 A St

19 Unit Block of Flats £5,003,768 (£263,356/Unit) 4.60% Net Initial Yield Davis, CA 95616

Executive Summary

Multifamily secured by two commercial units. Exceptional location directly across the street from UC Davis. Unmatched proximity to the university’s center, closer than most on-campus dormitories or parking lots. On the corner of A and 3rd Street, the main pathway connecting UC Davis and downtown Davis ensures high traffic and visibility.
19 residential units, a Mix of Studios and One Bedroom. Each unit features a full kitchen and bathroom with onsite laundry. Exceptionally stable rental history. 100% leased with a waiting list through August 2025.
Anchored by two commercial units with long-term credit tenants leased through Dec 31, 2030 - iTea (Boba tea shop) at 236 A Street. - Cajun Feast (Asian food) at 206 3rd Street.

Attachments

Brochure

Property Facts

Price £5,003,768
Price Per Unit £263,356
Sale Type Investment
Net Initial Yield 4.60%
Gross Rent Multiplier 12.5
No. Units 19
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.35 AC
Building Size 13,356 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1962

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 19 - 400
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070-064-001-000
Land Assessment
£890,293
Improvements Assessment
£1,995,586
Total Assessment
£2,885,879

zoning

Zoning Code P-D
P-D
  • Listing ID: 32556321

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 230 A St, Davis, CA 95616

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