Contacts

Tyler Boyd

Kidder Mathews

Vice President

Property Details

Property Type Multi-Family
Property Size 81,621 SF
Units 72
Lot Size 1.93 Acre
Cap Rate % 4.5
NOI / YR 1592664
Additional Rent Contact for pricing
# of Floors 3
Building Class A
Year Built 2024
Date Updated Nov 19, 2024

The property offers an unparalleled investment opportunity in Davis, California, a highly desirable and supply-constrained market. This newly completed, 72-unit Class A apartment complex, finished in May 2024, is already 100% leased with a waiting list, reflecting the strong demand for high-end housing. The lease-up period was remarkably swift, taking just five months to fully occupy the property.

The complex includes 13 spacious 2-bed/2-bath units, 50 well-appointed 1-bed/1-bath units, and 9 beautiful 1-bedroom loft units, offering a variety of options for residents. Each unit features 9-foot ceilings, full-size stainless steel appliances, quartz countertops, smart home integration, and private patios or balconies, making them ideal for modern living. The four distinct floor plans, ranging from 611 to 946 square feet, are designed to suit diverse lifestyles, from young professionals to students to small families.

With strong occupancy, high demand, and significant future growth in the neighborhood, this property is poised to deliver both short-term cash flow and long-term appreciation. Opportunities like this are rare in Davis, making The Marco at The Cannery a must-see for serious investors.

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Getting around

56/100
Walk Score ®
37/100
Transit Score ®
88/100
Bike Score ®

Powered by Walk Score ®

City Davis, CA
Neighborhood Grande
Zip Code 95616
Market Sacramento

Points of Interest

Davis

1.28 miles

Davis Shell

0.85 miles
Chevron

0.90 miles
City of Davis fuel station

1.07 miles
Electrify America

1.11 miles
davis natural gas fueling station

1.26 miles
EV Range

1.29 miles
Arco

1.38 miles
Shell

1.46 miles
76

1.49 miles
Tesla Supercharger

1.60 miles

International House / Chancellor parking

1.11 miles
Quad Parking Structure

1.25 miles
Lot 15

1.31 miles
Lot 14

1.34 miles
Lot 16

1.35 miles
Lot 21

1.36 miles
Lot 22

1.39 miles
Lot 20

1.43 miles
Lot 10

1.47 miles
Lot 25

1.52 miles

Best Western Palm Court Hotel

1.21 miles
The Vine Inn Davis

1.24 miles
Hallmark Inn at UC Davis

1.32 miles
Best Western University Lodge

1.35 miles
Aggie Inn, Ascend Hotel Collection

1.40 miles
La Quinta Inn & Suites Davis

1.47 miles
University Park Inn and Suites

1.50 miles
Holiday Inn Express & Suites

1.56 miles
Hyatt House Davis

1.64 miles
Hyatt Place UC Davis

1.82 miles

Nugget Markets

0.50 miles
Savemart

0.84 miles
Davis Food Cooperative

0.85 miles
Grocery Outlet

0.92 miles
UC Davis Store

1.28 miles
Safeway

1.30 miles
Trader Joe's

1.46 miles
Target

2.37 miles
Westlake IGA Market

2.46 miles
TJ Maxx

2.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

2500 Cannery Loop