Pheasant Court Apartments, a professionally managed, 31-unit apartment complex presents a rare opportunity to acquire a stabilized, income-generating asset in a strong rental market. Built in 1991 and located in Yuba City, Pheasant Court has been expertly maintained for over 30 years, reflecting pride of ownership and operational efficiency. The property offers a diverse unit mix of 1 studio, 7 one-bedroom units, 23 two-bedroom units averaging 569 SF. Strategically located near retail, schools, and major freeway access, Pheasant Court benefits from consistent tenant demand and minimal vacancy. At an asking 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 an investor is expanding their portfolio or entering a stable submarket with strong fundamentals, Pheasant Court presents an ideal value-add or long-term hold opportunity for those looking to grow or optimize their multifamily investments in Northern California. The property is offered individually or with the nearby Joshua Tree Apartments, providing investors with added scale and geographic synergy. Please contact us for more information on this investment opportunity.