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Kim Oliver

kim@wagmorerealestate.com +1(916) 752-9672

$ 10,500,000

Est. payment -/mo

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1576 Heather DR Yuba City, CA 95993

53,073 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 53,073 sqft

Price per Sqft $197

MLS Listing ID 226001470

HOA Fees $2,089/mo

HOA Y/N Yes

Year Built 1978

Lot Size 2.320 Acres

Acres 2.32

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

HeatherWoods Apartments is a well-maintained, 66-unit garden-style community located in a stable and highly accessible residential pocket of northwest Yuba City. Positioned within the greater Sacramento regional corridor, the property benefits from immediate access to major transportation routes, including Highways 99 and 20. Spanning two contiguous parcels at 1574 and 1576 Heather Drive, HeatherWoods offers an appealing mix of one and two bedroom floorplans, mature landscaping, ample parking, and a cohesive site layout that operates seamlessly as a unified community. Residents of HeatherWoods also enjoy access to an extensive shared amenity package located on two adjacent parcels, in which the property holds a deeded percentage ownership interest. These amenities include an outdoor swimming pool, full-sized basketball court, tennis court, dog-run area, and a renovated clubhouse (in progress) featuring a new fitness center, two indoor saunas, and a spacious community room. The shared amenity parcels are operated through an amenity association, with monthly dues reflected in the property's operating expenses. HeatherWoods presents investors with a rare opportunity to acquire a stabilized, cash-flowing asset with demonstrated performance in a supply-constrained rental market. Efficient and popular unit mix supports broad renter demand and operational stability. Forty (40) 1 bed x 1 bath and Twenty Six (26) 2 bed x 1 bath floorplans. Water, sewer, and garbage are paid by ownership. No ratio billing system (RUBS) in place - immediate upside opportunity.

Location

State CA

County Sutter

Area 12406

Direction From Hwy 99, West on Hwy 20, right on Stabler Ln, right on Heather Dr.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 495 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1250 SqFt Source: Appraiser Unit-2 Type: Apartment Approx SqFt: 630 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant SqFt Source: Appraiser Unit-3 Type: Apartment Approx SqFt: 700 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant SqFt Source: Appraiser Unit-4 Type: Apartment Approx SqFt: 1005 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant SqFt Source: Appraiser

Basement None

Interior

Heating Central

Cooling Central

Flooring Carpet, Vinyl

Window Features Dual Pane Partial,Window Screens

Appliance Free Standing Refrigerator, Dishwasher, Disposal, Free Standing Electric Range

Laundry Washer/Dryer Leased, In Common Area, Varies by Unit

Exterior

Exterior Feature Dog Run, Fenced Yard, Yard Space

Parking Features Off Street, Covered

Utilities Available Cable Connected, Sewer Connected, Electric, Natural Gas Connected

Amenities Available Club House, Recreation Facilities, Exercise Facility, Sauna, Pool

Water Access Desc Public

Roof Type Composition,Flat

Topography Level

Porch Balcony/Deck, Covered Deck

Total Parking Spaces 100

Building

Lot Description Auto Sprinkler F&R, Corner, Curbs/Gutters, Sidewalk, Landscape Front

Story 2

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Yuba City Unified

Middle Schools Yuba City Unified

High Schools Yuba City Unified

School District Sutter

Others

HOA Fee Include Pool

Senior Community No

Tax ID 059-232-003-000

Special Listing Condition Trust

Listed by Valley Fair Realty Corporation

SCHOOLSPROPERTIES

Elementary Schools 19

7

Nuestro Elementary School

Public | KG - 8
7

Tierra Buena Elementary School

Public | KG - 8
6

Butte Vista Elementary School

Public | KG - 8
6

Lincoln Elementary School

Public | KG - 5
5

Andros Karperos

Public | KG - 8
5

Lincrest Elementary School

Public | KG - 5
5

Twin Rivers Charter

Public | KG - 8
4

April Lane Elementary School

Public | KG - 5
4

Park Avenue Elementary School

Public | KG - 5
4

Yuba City Charter

Public | KG - 12
3

King Avenue Elementary School

Public | KG - 5
1

Sutter County Special Education

Public | KG - 12
1

Yuba City Unified Alternative

Public | KG - 12
1

Bridge Street Elementary School

Public | KG - 5
1

Yuba County Special Education

Public | KG - 12
0

Faith Christian Schools

Private | KG - 12
0

Adventist Christian School

Private | PK - 8
0

Basics & Beyond Private Education

Private | PK - T1
0

St Isidore Catholic School

Private | PK - 8

Middle Schools 5

3

Gray Avenue Middle School

Public | 6 - 8
0

Sutter County Opportunity

Public | 7 - 12
0

Feather River Academy

Public | 7 - 12
0

Yuba County Opportunity

Public | 6 - 12
0

Thomas E. Mathews Community

Public | 7 - 12

High Schools 4

7

River Valley High School

Public | 9 - 12
5

Yuba City High School

Public | 9 - 12
0

Tri-County Regional Occupational Program

Public | 9 - 12
0

Albert Powell Continuation

Public | 9 - 12

School and business data provided by Attom Data.

Kim Oliver

REALTOR | Investor | SOLIVKIMCA DRE# 02143703

+1(916) 752-9672

Kim Oliver

1576 Heather DR Yuba City, CA 95993

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1576 Heather DR