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135 N Sheridan Ave
Manteca, CA 95336
The Palms at Sheridan · Multifamily Property For Sale
·
25 Units
Investment Highlights
- Rare Turnkey Investment in Manteca: Attractive in-place CAP Rate and great long-term upside potential, easy to manage.
- Extensive Capital Improvements: Brand new roof, LED Lighting, Plumbing, and split HVAC systems.
- Amenities: Professionally Maintained Gated Community with Courtyard, On- Site Laundry, and Covered Parking
- Fully Renovated Units: All 25 individual units have been fully remodeled. Each unit is loaded with new amenities.
- Desirable Unit Mix: Eight (8) one-bedroom units, Fifteen (15) two-bedroom units, and Two (2) three-bedroom units.
Property Facts
| No. Units | 25 | Building Size | 24,162 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.88 AC | ||
| Zoning | R3 - Residential | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 24,162 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Walking/Biking Trails
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 520 |
| 2+1 | 15 | - | 848 |
| 3+2 | 2 | - | 1,055 |
Property Taxes
| Parcel Number | 223-320-02 | Improvements Assessment | $2,454,138 |
| Land Assessment | $669,309 | Total Assessment | $3,123,447 |
Property Taxes
Parcel Number
223-320-02
Land Assessment
$669,309
Improvements Assessment
$2,454,138
Total Assessment
$3,123,447
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