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495-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

455 Union St, Arcata, CA 95521

Five Arcata properties are available for separate acquisition within a diversified multifamily offering.

Property SizeContact for details
Days on Market141

Property Features for 455 Union St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Sacramento
Listed By: Aaron Moayed · License #CA 02117361
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 3:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento

Investment Insights

Based on property information with market context.

The offering consists of 495 apartment units distributed among five separate Arcata properties: Twin Parks, Hidden Grove, Parkway, Woodridge, and Westwood Garden. Each property may be acquired individually, creating flexibility for buyers evaluating a single asset or the broader collection. The portfolio includes both newer construction and established apartment buildings, with rents currently on a month-to-month basis.

The properties are located in Arcata, California, with the portfolio address identified as 455 Union St. All five complexes are within walking distance of Cal Poly Humboldt. The stated overall cap rate is 6.34%, with a pro forma cap rate of approximately 7.70% based on month-to-month rents.

Key Highlights

  • 495 apartment units across five Arcata properties
  • Five properties available for individual purchase
  • Portfolio includes Twin Parks, Hidden Grove, Parkway, Woodridge, and Westwood Garden

Property Analytics

Current Use

Parkway Apartments Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby

Demographics for 95521, CA

21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five Arcata properties are available for separate acquisition within a diversified multifamily offering.
Where is this apartment building located?
The property is located at 455 Union St Arcata, CA.
What are key features of this property?
This property features: 495 apartment units across five Arcata properties; Five properties available for individual purchase; Portfolio includes Twin Parks, Hidden Grove, Parkway, Woodridge, and Westwood Garden
More about this property
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