116 Bundeson Dr - Multi-Family FOR SALE


Hollister, CA 95023
$3,450,000 USD
650-759-3414
116 Bundeson Dr, Hollister, CA for Sale
$3,450,000 USD
Multi-Family - FOR SALE
1/18
null | 4.09% Cap Rate

116 Bundeson Dr
Hollister, CA 95023


HIGHLIGHTS

  • Newly Constructed Townhomes
  • Fully Occupied providing stable income
  • Large 1500SF 3 Bedroom Units

OVERVIEW

Presenting a prime investment opportunity at 116-124 Bundeson Circle, Hollister, CA—a set of five luxurious condominiums, newly constructed in 2024, blending modern elegance with strong rental potential. Each of the five units offers 1,564 square feet of thoughtfully designed space, featuring three bedrooms and three bathrooms, ideal for comfortable living. All units are currently leased to dependable tenants, providing steady income. These premium residences showcase high-end finishes, including granite countertops, contemporary cabinetry, stylish flooring, and updated appliances, complemented by the convenience of washer/dryer hookups in every unit. Each condo also includes a private garage and two exclusive decks, perfect for outdoor enjoyment. The owner currently covers property taxes, insurance, and HOA dues for each unit, with tenants responsible for all other expenses, streamlining management and enhancing profitability. This combination of upscale amenities and favorable financial structure makes these condos a standout choice in today’s market. This is 5 Condos in a 13 Condo development. Situated in the heart of Hollister, Bundeson Circle is enveloped by a welcoming, family-oriented community that exudes warmth and accessibility. The neighborhood offers close proximity to downtown Hollister’s charming boutiques, eclectic restaurants, and lively local events, creating a tight-knit, small-town vibe. Surrounding parks and recreational areas cater to outdoor lovers, while highly regarded schools nearby appeal to families. With convenient access to major highways, residents can easily reach Silicon Valley or Monterey, striking a perfect balance between serene suburban living and connectivity to bustling urban centers. This desirable location enhances the appeal of these condos, ensuring lasting value for tenants and investors alike.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

5

PRICE/UNIT

$690,000

CAP RATE

4.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

116-124 Bundeson Circle

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,811 SF

ZONING

-

APN/PARCEL ID

057-570-001-000

ASK ABOUT THIS PROPERTY

Sam RuncoMarcus & MillichapMore Info
650-759-3414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sam RuncoMarcus & MillichapMore Info
650-759-3414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.