Walker & Dunlop, as the exclusive advisor, is pleased to present the opportunity to acquire The Villas at Clark, a 54-unit multifamily community located in Yuba City, CA.
LOSS TO LEASE / RENOVATION UPSIDE
The Villas at Clark offers significant potential for rent growth through its current loss-to-lease, with an average of $135 per unit. This translates to an annualized loss-to-lease of $87,480, presenting a valuable opportunity for increased rental revenue by aligning rents with market rates. Additionally, with potential for renovations, the Villas at Clark could see enhanced value and rental income, further boosting its upside potential and making it an attractive investment opportunity.
SIGNIFICANT CAPITAL IMPROVEMENTS
• New Exterior Facing Windows
• New Paint
• New Landscaping
• New Front Entrance
• All New Front Office
• New Signage
• Upgraded Interiors (30-40% Of The Units)
Please do not disturb tenants. Please contact listing agent for tour requests and access to the financials/OM.