391 E Olive Ave - Apartments FOR SALE


Turlock, CA 95380
$1,195,000 USD
209-678-3159
391 E Olive Ave, Turlock, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/29
null | 8% Cap Rate

391 E Olive Ave
Turlock, CA 95380


HIGHLIGHTS

  • Near downtown Turlock
  • Located on corner lot

OVERVIEW

Welcome to 391 E. Olive Avenue, also known as the Golden State Apartments, located downtown Turlock! At 4,310 square feet, this apartment complex features 8-units of 1 bedroom/1 bathroom. Detached 3-car garage and street parking for tenants. Recent updating/remodeling of kitchens, flooring, bathrooms were completed to various units giving a touch of elegance. Exterior laundry room (common area) provided for all tenants. Take advantage of this great investment opportunity! All information is deemed reliable but not guaranteed; Buyer to verify all information. Please call Listing Agent to schedule appointment to view; do not use ShowingTime! Total rent of $102,840 annually. All offers must include Lender's preapproval letter and/or Buyer's proof of funds.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

8

PRICE/UNIT

$149,375

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden State Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

MF

APN/PARCEL ID

061-24-59

ASK ABOUT THIS PROPERTY

Daniel MacielAtlantic RealtyMore Info
209-678-3159

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

Daniel MacielAtlantic RealtyMore Info
209-678-3159

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