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1235 Carver Rd
Modesto, CA 95350
Multifamily Property For Sale · 22 Units

Investment Highlights

  • $300,000 Price Reduction
  • Motivated Seller
  • Current Cap Rate 6.00%
  • Priced at $200,000 Below Recent Appraisal
  • Highly Desirable 2, 3, & 4 Bedroom Units
  • Corner Location on 1 Acre of Land

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 18,064 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.73/1,000 SF
Zoning R-3,Modesto

Amenities

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 16 - 700
3+1 2 - 1,064
4+2 4 - 1,184

Property Taxes

Property Taxes

Parcel Number
029-06-19
Land Assessment
$402,900
Improvements Assessment
$3,676,560
Total Assessment
$4,079,460
  • Listing ID: 27983096

  • Date on Market: 3/15/2023

  • Last Updated:

  • Address: 1235 Carver Rd, Modesto, CA 95350

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