Log In/Sign Up
Your email has been sent.
The Palm Apartments 1412-1426 N Palm St 8 Unit Apartment Building $1,600,000 ($200,000/Unit) Turlock, CA 95380
INVESTMENT HIGHLIGHTS
- Seven spacious 3-bed/2-bath units, and one 2-bed/2-bath townhouse unit, each with an attached garage, a rare offering in Turlock.
- Large layouts with private fenced patios on over half an acre, ideal for long-term rental demand and value-add potential.
- Current average rents of $1,176 with market rents at $1,950, offering 66% upside and approximately $74,000/year in additional GPR.
EXECUTIVE SUMMARY
Seven spacious 3-bed/2-bath units, and one 2-bed/2-bath townhouse unit, each with an attached garage, a rare offering in Turlock.
Current average rents of $1,176 with market rents at $1,950, offering 66% upside and approximately $74,000/year in additional GPR.
Large layouts with private fenced patios on over half an acre, ideal for long-term rental demand and value-add potential.
Current average rents of $1,176 with market rents at $1,950, offering 66% upside and approximately $74,000/year in additional GPR.
Large layouts with private fenced patios on over half an acre, ideal for long-term rental demand and value-add potential.
PROPERTY FACTS
| Price | $1,600,000 | Building Class | B |
| Price Per Unit | $200,000 | Lot Size | 0.52 AC |
| Sale Type | Investment | Building Size | 11,950 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2003 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,600,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 11,950 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 1.17/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | $1,220 | 1,452 - 1,516 |
| 3+2 | 7 | $1,190 | 1,516 |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 042-13-41 | Improvements Assessment | $550,359 |
| Land Assessment | $173,789 | Total Assessment | $724,148 |
PROPERTY TAXES
Parcel Number
042-13-41
Land Assessment
$173,789
Improvements Assessment
$550,359
Total Assessment
$724,148
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Palm Apartments | 1412-1426 N Palm St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.