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317 5th St 8 Unit Apartment Building $2,057,240 CAD ($257,155 CAD/Unit) 6.68% Cap Rate Marysville, CA 95901
Investment Highlights
- Rare Downtown Marysville featuring oversized 2-bedroom and 3-bedroom floor plans averaging approximately 1,200 SF per unit
- Excellent location - walking distance to Downtown Marysville employers, retail, restaurants, and convenient access to Highway 70
- Unit interiors 100% renovated in 2020, providing strong in-place cash flow with additional upside through continued rent growth
Executive Summary
The DeLoney Group of Marcus & Millichap is pleased to present 317 5th Street, a centrally located 8-unit multifamily asset situated in
the heart of Downtown Marysville. The offering presents investors the opportunity to acquire a cash-flowing apartment community
with significant rental upside in a supply-constrained market. The property consists of three spacious three-bedroom/one-bath units
and five oversized two-bedroom/one-bath units, with unit sizes averaging approximately 1,200 square feet — a rarity compared to the
smaller product typically found throughout the surrounding submarket.
Originally constructed in 1908, the property offers a compelling blend of historic character and modernized interiors. Select
renovations and recent capital improvements help reduce near-term maintenance obligations while positioning ownership to continue
driving rental growth through operational efficiencies and unit turnover strategy. The property’s large floor plans appeal to workforce
housing tenants and families seeking more livable space than competing apartment product in the area.
Located along Highway 70, the property benefits from convenient regional access throughout Yuba-Sutter County while remaining
within walking distance of Downtown Marysville employers, restaurants, retail amenities, and government services. The surrounding
neighborhood has historically maintained strong occupancy fundamentals due to limited new multifamily construction and
affordability advantages relative to larger Northern California markets.
Please do not disturb management or residents. All tours must be scheduled through The DeLoney Group.
the heart of Downtown Marysville. The offering presents investors the opportunity to acquire a cash-flowing apartment community
with significant rental upside in a supply-constrained market. The property consists of three spacious three-bedroom/one-bath units
and five oversized two-bedroom/one-bath units, with unit sizes averaging approximately 1,200 square feet — a rarity compared to the
smaller product typically found throughout the surrounding submarket.
Originally constructed in 1908, the property offers a compelling blend of historic character and modernized interiors. Select
renovations and recent capital improvements help reduce near-term maintenance obligations while positioning ownership to continue
driving rental growth through operational efficiencies and unit turnover strategy. The property’s large floor plans appeal to workforce
housing tenants and families seeking more livable space than competing apartment product in the area.
Located along Highway 70, the property benefits from convenient regional access throughout Yuba-Sutter County while remaining
within walking distance of Downtown Marysville employers, restaurants, retail amenities, and government services. The surrounding
neighborhood has historically maintained strong occupancy fundamentals due to limited new multifamily construction and
affordability advantages relative to larger Northern California markets.
Please do not disturb management or residents. All tours must be scheduled through The DeLoney Group.
Property Facts
| Price | $2,057,240 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $257,155 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.68% | Building Size | 9,920 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1908/2020 |
| Zoning | C-2 - Commercial | ||
| Price | $2,057,240 CAD |
| Price Per Unit | $257,155 CAD |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,920 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1908/2020 |
| Zoning | C-2 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,070 |
| 3+1 | 4 | - | 1,260 |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 010-182-006-000 | Improvements Assessment | $382,598 CAD |
| Land Assessment | $78,079 CAD | Total Assessment | $460,677 CAD |
Property Taxes
Parcel Number
010-182-006-000
Land Assessment
$78,079 CAD
Improvements Assessment
$382,598 CAD
Total Assessment
$460,677 CAD
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317 5th St
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