Apartments For Sale • 5,100 SF
| Twelve-unit multifamily property with staggered lease expirations, reducing exposure to large vacancy events. |
| Strong occupancy history supported by long-term tenants and proximity to Mercy Medical Center. |
| Well-maintained asset with renovations completed in 2019, limiting near-term capital expenditure risk. |
| Unit mix of studios and one-bedroom units averaging approximately 400 SF, catering to workforce housing demand. |
| Desirable amenities including mini-split HVAC systems, LVP flooring, onsite laundry, and dedicated parking per unit. |
| RM-9 zoning allows for medium-density residential use in an established Redding infill location. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Redding Amtrak (Coast Starlight - Amtrak) | 2 min | 9 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Redding Regional | 14 min | - | 9.5 mi |