Well-located 8-unit apartment building in the desirable University Rice neighborhood, ideally positioned between Downtown Davis (one block) and UC Davis (two blocks). Opportunities to acquire apartment properties in this immediate area are extremely limited, with very few comparable sales over the past decade. The property is fully leased with stable in-place income and consists of eight 2 bedroom, 1 bath units. Rental upside to $2,350 per unit; two units are currently below market due to long-term tenancy. Additional value-add opportunity through RUBS (water, sewer, garbage), as well as potential income from laundry and parking.