Property · 2 recorded sales since 2019
Listing Agent: Jigar Shah (DRE #01116918) · Listing Office: Century 21 Discovery · Contact: 714-626-2000 · Bought with: Jose Fregoso · RE/MAX ESTATE PROPERTIES · MLS #PW22108009 · Source: CRMLS
What a Fabulous opportunity to own 44 Units Apartment in Merced!!This complex has been 100% occupied and have waiting list for renters. All Units are single story giving a feeling of single family homes to all the occupants. There is a separate Laundry facility with Brand New Equipments offering 5 Washers and 5 Dryers. This Amazing Complex is located on sprawling 3.5 acres with plenty of parking, fenced Pool and large open spaces for tenants to enjoy. It is very close to Schools, Shopping, Freeway and a Short distance to UC MERCED. Large land also offer possibility of additional units. All the Buildings were painted outside in less than last 60 days and some roofs were replaced as well. Sellers have gone through quite a bit of work in last 12 months. Current rents are extremely low compared to market rents.
Listing description from the August 2022 sale, as reported to CRMLS.