429-433 Robinson Avenue

Colliers is pleased to present the sale of a 12-unit multifamily investment opportunity located at 429-443 Robinson Ave in Yuba City, CA. Built in 1971, the community is entirely comprised of two-bedroom/one-bathroom floorplans spanning across three single-story fourplexes on 0.84 acres. Seven of the twelve units have experienced recent upgrades and three of the remaining units will benefit from interior improvements and raising rents to market and the two remaining units can receive annual rent increases to meet market rents within two years. The Ratio Utility Billing System (RUBS), which bills tenants for a portion of the sewer, water, and garbage charges to all residents, has been implemented across all twelve units.

Yuba City is experiencing an impressive upward trend in growth and development in housing, business, and recreation. Recent city improvements that were designed to create a vibrant, welcoming environment in the downtown corridor include the refurbishment of the water tower with a new city logo and multicolored LEDs, and a plaza that will accommodate a playground, stage, and an illuminated gateway arch directly at the entrance to downtown.