Log In/Sign Up
Your email has been sent.
Valley Vista Apartments 1832 Merced St 60 Unit Apartment Building $5,700,000 ($95,000/Unit) Madera, CA 93638
EXECUTIVE SUMMARY
Valley Vista Apartments is located at 1832 Merced Street in the city of Madera, California, within Madera County in the central portion of the state.
Madera is a growing community in the San Joaquin Valley, positioned north of Fresno and characterized by diverse residential and employment
markets with ongoing demand for affordable housing. The property serves lower-income households in a market with limited affordable rental
supply, supporting consistent demand for income-restricted housing. All 60 units at Valley Vista Apartments participate in the Section 42 Low-Income
Housing Tax Credit (LIHTC) program, providing long-term income and rent restrictions that support affordability and regulatory stability.
Valley Vista benefits from convenient access to State Route 99, providing regional connectivity to Fresno and surrounding Central Valley
employment centers. The local market is characterized by a constrained supply of affordable housing, contributing to long-term occupancy
stability and sustained demand for regulated rental units.
Madera is a growing community in the San Joaquin Valley, positioned north of Fresno and characterized by diverse residential and employment
markets with ongoing demand for affordable housing. The property serves lower-income households in a market with limited affordable rental
supply, supporting consistent demand for income-restricted housing. All 60 units at Valley Vista Apartments participate in the Section 42 Low-Income
Housing Tax Credit (LIHTC) program, providing long-term income and rent restrictions that support affordability and regulatory stability.
Valley Vista benefits from convenient access to State Route 99, providing regional connectivity to Fresno and surrounding Central Valley
employment centers. The local market is characterized by a constrained supply of affordable housing, contributing to long-term occupancy
stability and sustained demand for regulated rental units.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,700,000 | Building Class | B |
| Price Per Unit | $95,000 | Lot Size | 4.64 AC |
| Sale Type | Investment | Building Size | 81,492 SF |
| No. Units | 60 | Average Occupancy | 98% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1998 |
| Apartment Style | Garden | Parking Ratio | 0.74/1,000 SF |
| Price | $5,700,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.64 AC |
| Building Size | 81,492 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 0.74/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Pool
- Gated
- Basketball Court
- Storage Space
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 20 | - | 790 |
| 3+1.5 | 20 | - | 1,000 |
| 3+2 | 10 | - | 1,201 |
| 4+2 | 10 | - | 1,385 |
1 1
PROPERTY TAXES
| Parcel Number | 005-110-032 | Total Assessment | $5,046,303 (2025) |
| Land Assessment | $271,435 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,774,868 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
005-110-032
Land Assessment
$271,435 (2025)
Improvements Assessment
$4,774,868 (2025)
Total Assessment
$5,046,303 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
1 of 49
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Valley Vista Apartments | 1832 Merced 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.