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Multifamily

Hilltop Apartments

Santa Cruz, CA

168 Units

Built in 1978

Value Add

Investment Highlights

  • SUPPLY-CONSTRAINED MARKET DRIVEN BY UCSC & SANTA CRUZ LIFESTYLE University of California Santa Cruz boasts a student population of over 19,000, with an enrollment target of 28,000 by 2040.
  • MAJOR CAPITAL IMPROVEMENTS RESULTING IN AN OUTSTANDING PHYSICAL PLANT Current ownership has invested over $14 million, largely into infrastructure and community improvement.
  • ATTRACTIVE & SERENE COMMUNITY Featuring low-density, two-story garden-style living, Hilltop offers a serene natural Santa Cruz setting with a number of its homes overlooking Moore Creek Preserve.

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