40 W 13th St - Apartments FOR SALE


Merced, CA 95341
$2,400,000 USD
209-455-3800
40 W 13th St, Merced, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

40 W 13th St
Merced, CA 95341


HIGHLIGHTS

  • Brand New 10-Plex Unit
  • Ten (10) 2 bedroom, 1 bath, 665 Sq Ft Units
  • 10 Parking Spaces

OVERVIEW

Brand new 10-unit apartment complex coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

10

PRICE/UNIT

$240,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-unit Apartment Complex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,131 SF

ZONING

R-1

APN/PARCEL ID

031-343-021

ASK ABOUT THIS PROPERTY

Randy HayerSVN l Executive Commercial AdvisorsMore Info
209-455-3800

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Randy HayerSVN l Executive Commercial AdvisorsMore Info
209-455-3800

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