140 Santa Barbara Ave | Modesto, CA 95354
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- LoopNet Team
140 Santa Barbara Ave
Modesto, CA 95354
Major Price Reduction! · Multifamily Property For Sale
·
18 Units
Investment Highlights
- Ideal property for 1031 Exchange. Defendable market rate rents.
- Excellent mix of 2-bedroom units and 1-bedroom units with rental upside.
- Great location within minutes of Highway 99.
- Modesto has low apartment inventory for sale and shortage of affordable apartment units for rent.
- 1982 construction. Low maintenance and easy running property situated on a quiet residential street.
- No barriers to new financing.
Property Facts
| No. Units | 18 | Building Size | 12,882 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | R-3, Modesto | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 12,882 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R-3, Modesto |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 108-16-03 | Improvements Assessment | $2,077,456 |
| Land Assessment | $109,363 | Total Assessment | $2,186,819 |
Property Taxes
Parcel Number
108-16-03
Land Assessment
$109,363
Improvements Assessment
$2,077,456
Total Assessment
$2,186,819
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