7595 Azusa Ave - Apartments FOR SALE


Dos Palos, CA 93620
$1,195,000 USD
209-597-3718
7595 Azusa Ave, Dos Palos, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/1
null | 7.99% Cap Rate

7595 Azusa Ave
Dos Palos, CA 93620


HIGHLIGHTS

  • 10 Unit multi use property on 2 Acres
  • Capex upgrades as of 2022: roofs, Stucco, mechanical upgrads

OVERVIEW

Berkshire Hathaway HomeServices Drysdale Properties is pleased to exclusively present the fee simple interest in the Azusa Complex, a uniquely structured 10-unit multi residential and lot property situated on 2.00 acres in the greater Merced County area. The complex features a highly diversified layout consisting of 2 detached homes, 6 attached units(duplexes), 1 rented lot space, and an extra lot space space. Positioned at an attractive list price of $1,195,000, this offering allows an investor to acquire 10 income-producing components at just $119,500 per space—a deep discount relative to replacement cost and traditional multi-family comps in Merced County.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

8

PRICE/UNIT

$149,375

CAP RATE

7.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Azusa Road Complex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

7

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,714 SF

ZONING

C2

APN/PARCEL ID

085-260-015

ASK ABOUT THIS PROPERTY

Jorge HernandezBerkshire Hathaway HomeServices DrysdaleMore Info
209-597-3718

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

Jorge HernandezBerkshire Hathaway HomeServices DrysdaleMore Info
209-597-3718

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