The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	Call for Details
Units	51
Year Built	1984

Investment Highlights

100% Occupied with Waiting List - Steady Cash Flow
Delinquency Protection from USDA Rental Assistance Program
Existing Debt and Affordable Housing Agreement
High Quality 1984 Construction
Newly Renovated in 2012
Commutable to Over 1.5 Million Jobs
Walking Distance to Local Attractions
Outstanding Access

Property Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire Chestnut View, a 51-unit property located in Olivehurst, CA. The property features quality 1984 construction and was recently renovated in 2012. The unit mix consists of 24 one-bedroom floor plans and 26 two-bedroom floor plans, with an average unit size of 817 square feet.

5086 Chestnut Road
Olivehurst, CA 95961

Chestnut View Apartments is situated in close proximity to numerous conveniences including Rite Aid, Kwik Serv, Little Caesers Pizza, Arco, and the El Matador Carniceria. The property is less than one mile from the Yuba County Airport. Highway 70 passes through the city of Olivehurst providing easy access to major metropolitan centers via Highway 99 including Sacramento, Napa, and the greater Bay Area.