| 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. |
Bryce MacDonald
Cushman & Wakefield
