CHICO, CA

Acquisition: 9/2026
Price: $10.175M
Units: 72
Year: 1989

Type: Active Senior (55+)

Current Value: $11.27M
Target Return: 5.0%
Current Return 5.28%
Increase in Value: 10.08%

We acquired Sierra Sunrise Apartments with a clear strategic thesis: optimize operational management, capture hidden market rent potential, enforce strict expense controls, and reinvest capital into key infrastructure upgrades to maximize resident retention and property valuation.