Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
N/A
We are pleased to present "Yosemite Apartments". Yosemite apartments is a beautiful, impeccably maintained, 50 unit, multifamily investment opportunity, located in heart of Merced County. The asset has an Incredible unit mix, comprised of 20 - 2 bed x 1 bath units. 20 – 1 bed x 1 baths & 10 studios. Situated on 2.3 acres of beautifully manicured grounds. The asset boasts a large onsite swimming pool, nicely renovated laundry room, workshop, storage/tool shed, 50 covered parking spaces, 16 uncovered, with three handicap. The asset is currently 100% occupied, with waiting list. In place rents are approximately 20% below market, in current condition. ADU opportunity, prospective investor is advised to call City Of Merced for confirmation on ADU potential. The building is located in close proximity to Downtown Merced, ten minutes to UC Merced, 90 minutes to San Francisco & world renowned Yosemite National Park. Seller financing is available to qualified buyer, at extremely competitive rates.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned, Detached Carport
-
Pool
Yes
-
Pool Features
Community, Gunite
-
View
Neighborhood
Area & Lot
-
Lot Features
Greenbelt, Rectangular Lot
-
Lot Size(acres)
2.3
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$6,750,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Barbecue, Picnic Area, Storage
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Merced
Elementary School
Middle School
High School
Listing Courtesy of Cameron Jacques , Kinnery's Brokerage House
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