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Listed by Randy Hayer • Realty Executives Of Northern California
$2,400,000
Est. payment /mo
Pending
Merced, CA 95341
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID MC-25235639
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Brand new 10-unit apartment complex with enterprise zoning 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. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. 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.
Location
State CA
County Merced
Zoning Enterprise
Interior
Heating Central
Laundry Inside
Exterior
Utilities Available None
Building
Lot Description 0-1 Unit/Acre
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