Barcelona Apartments is a 10-unit apartment complex, located at 422 North Street, Woodland, CA. The
property consists of 10 one-bedroom/one-bath units, on a 0.187 acre lot. The property is conveniently located just three
blocks from Downtown Woodland and Main Street which is the central employment, dining and entertainment
destination in Woodland. Yolo County Court and Civic offices, including the newly constructed $165
Million courthouse, are also within a short walking distance from the subject property.
'Value-Add' Investment Opportunity: The subject property is a well maintained asset that has sustained significant
exterior, interior, and mechanical improvements and has demonstrated a strong operational history. The property is
currently 100% occupied. Barcelona Apartments represents a rare and unique opportunity to acquire a fully occupied,
stable property and increase rents by $200+/unit to align with market levels. Woodland’s limited amount of
apartment inventory and nearly zero market-rate apartments in the construction pipeline has created a favorable
environment with low vacancy and significant upward pressure on rents and property values.
Market: Woodland has benefited from its proximity to Davis and University of California, Davis, one of the premier universities in
the nation. The tremendous housing constraint and barrier to entry in Davis has fueled the increasing rents and low
vacancies in Woodland.
Please Contact Sunny Gill for Additional Information or to Schedule a Site Visit: 916-802-7803 | sgill@habitatadvisors.com
