Joshua Tree Apartments, a professionally managed, 40-unit apartment complex presents a rare opportunity to acquire a stabilized, income-generating asset in a strong rental market. Built in 1987 and located in Yuba City, Joshua Tree has been expertly maintained for over 35 years, reflecting pride of ownership and operational efficiency.
The property's unit mix consists of 1 studio, 35 one-bedroom and 4 two-bedroom units (including a dedicated on-site manager’s townhouse) all averaging 635 SF —offering a diversified rental income stream. Conveniently situated near retail amenities, schools, and major freeway access, Joshua Tree enjoys strong tenant demand and historically low vacancy rates.
At an asking price of $120,000 per door, this offering sits below replacement cost, presenting immediate value and significant long-term upside through rent growth and operational efficiencies. Joshua Tree is an ideal value-add or long-term hold opportunity for investors looking to expand or optimize their multifamily portfolio in Northern California.
The property is offered individually or with the nearby Pheasant Court Apartments, providing investors with added scale and geographic synergy.
Please contact us for more information on this investment opportunity.