1895 H St, Arcata, CA 95521 | Multifamily Income Property
1895 H St, Arcata, CA 95521
Opportunity
Renovation and Modernization: The property lacks a recorded renovation year, indicating potential for value-add upgrades to units and common areas to boost rents and occupancy.
Opportunity
Operational Efficiency: Implementing cost-saving measures in utilities and maintenance could improve NOI beyond the pro forma projections.
Opportunity
Market Rent Growth: Arcata’s growing demand for housing, driven by educational and economic factors, supports potential rent increases over time.
Opportunity
Zoning Flexibility: The R-MH zoning may allow for future development or density increases, subject to local regulations.
Risk
Aging Infrastructure: Built in 1961, the property may require capital expenditures for repairs and updates, impacting short-term cash flow.
Risk
Pro Forma Assumptions: The NOI and cap rate are pro forma, meaning actual performance may vary based on occupancy, expenses, and market conditions.
Risk
Market Volatility: Economic shifts in Arcata, such as changes in university enrollment or local employment, could affect tenant demand.
Risk
Missing Data: Lack of information on parking ratio, tax rate, and renovation history introduces uncertainty in financial modeling and operational planning.
Strength
High Yield Potential: The pro forma cap rate of 8.67% is attractive compared to many multifamily markets, offering strong initial cash flow.
Strength
Prime Location in Arcata: Arcata is a vibrant city with demand drivers such as proximity to Humboldt State University, providing a steady tenant pool.
Strength
Value-Add Foundation: As a Class C property built in 1961, there is significant upside through renovations and operational improvements to increase NOI.
Strength
Functional Amenities: The property offers desirable features like balconies, patios, and walk-in closets, enhancing tenant retention and appeal.
Strength
Scalable Investment: With 126 units, the property provides economies of scale for management and potential portfolio diversification.
Arcata, CA Multifamily Property Overview
- Multifamily Building located in Arcata, CA
- Built in 1961
- Strong cap rate of 8.67%
- 87,484 SF of rentable area
Property Details
| Year Built | 1961 | Building Type | Multifamily |
| Total Size | 87,484 SF | Zoning | R-MH |
| Parking Spaces | N/A | Property Tax Rate | 0.71% |
| Cap Rate | 8.67% | Annual NOI | $99,999 |
| Price | $12,750,000 | Price/SF | $145.74 |
| Location | Arcata, CA | County | Humboldt |
Compare direct ownership against passive CRE platform exposure.
The calculator below frames the capital, risk, and operating burden of acquiring a property directly. REI Capital provides a professionally managed alternative with institutional underwriting and a 9% target annual growth projection.
Model your investment returns and cash flow projections
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* Calculations are estimates only. Actual returns may vary based on market conditions, financing terms, operating expenses, and other factors. Consult with financial and legal professionals before making investment decisions.
Direct ownership vs. passive CRE platform exposure
Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.
- Concentrated exposure to one property and market
- Debt service, refinancing, and rate sensitivity
- Active leasing, vendor, and asset oversight
- Vacancy, capex, and maintenance obligations
- Illiquid exit process with timing risk
- Transaction costs can compress realized returns
- Passive exposure without direct operator liability
- Institutional underwriting and acquisition discipline
- Professional asset management and reporting
- Strategy designed to reduce single-asset concentration
- 9% annual target growth projection for comparison
- Curated deal flow with a passive capital framework
Calculating the comparison…
* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.
Built for investors evaluating passive commercial real estate exposure
REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.
Accredited Investors
Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.
Family Offices
Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.
1031 Exchange Buyers
Compare direct replacement ownership against passive alternatives with reduced operational complexity.
High-Income Professionals
Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.
Where Your NOI Goes Each Month
* Distribution based on current inputs. Actual expenses may vary.
ROI Over Time: Direct Ownership vs REI Capital
* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.
Your Down Payment: Direct Ownership vs REI Capital Platform Exposure
Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.
* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.
Why sophisticated investors choose passive CRE exposure
Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.
- Professional underwriting before capital deployment
- Reduced exposure to single-asset operational demands
- Access to institutional sourcing and asset management
- Passive framework built for long-term capital strategy
- Clearer comparison against direct ownership costs
- Time-efficient exposure for qualified investors
A more efficient way to deploy capital
The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.
- Acquisition strategy & deal flow
- Underwriting and risk framework
- Platform team and execution process
- Investor qualification and next steps
For qualified investors · Private overview · PDF access
Investment Due Diligence For 1895 H St, Arcata, CA Income Property
Key questions for informed investment decisions
Things Near 1895 H St, Arcata, CA
Humboldt State University
1.5 milesArcata Plaza
0.8 milesRedwood Park (Arcata Community Forest)
2.0 milesBayshore Mall
3.5 milesWildberries Marketplace
0.5 milesAbout Arcata
Arcata, CA is a city that tends to attract a younger crowd, with a median age of 25.3, which can be both a blessing and a curse for investors. On one hand, this demographic can bring a lot of energy and innovation to the area, but on the other hand, it may also lead to higher turnover rates and less stability in the housing market. The poverty rate of 35.4% suggests some risk, as it may impact the overall quality of life and property values in the area. However, the city's top industries, including construction, information, and wholesale trade, provide a diverse range of employment opportunities, which can help to mitigate some of this risk. The average commute time of 14.9 minutes is relatively short, which can make the city more attractive to residents who value convenience and a better work-life balance. Additionally, the fact that 90.1% of the population has health insurance coverage suggests that the city has a relatively high level of access to healthcare, which can be an important factor for families and individuals considering moving to the area. The median household income of $31,336 is relatively low, but the median property value of $335,100 suggests that there may be opportunities for investors to find undervalued properties. The foreign-born population is not available, but the top ethnicities, including White, White Non-Hispanic, and Hispanic, suggest a relatively diverse population. Overall, Arcata, CA presents a complex picture for investors, with both opportunities and challenges that need to be carefully considered. The city's unique blend of demographics, industries, and quality of life metrics make it an interesting choice for those looking to invest in a city with a lot of potential for growth and development.
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