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1903 Kelly
Merced, CA 95340
Kelly Ave · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 8,500 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | R-3-1.5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 8,500 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R-3-1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
About 1903 KELLY , MERCED, CA 95340
Recently updated eight (8) unit complex consisting of five (5) 2 bed/1 Bath, two (2) 1 Bed/1 Bath and a studio unit. Value add opportunity with rents currently under market; however, some pro forma rents have been achieved. Property has been professionally managed and shows a history of positive occupancy rates. The property is located on the corner of Yosemite Parkway (a main thoroughfare through Merced) and Kelly Ave. Property is within walking distance to parks as well as other retail and commercial centers.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 800 |
| 2+1 | 5 | - | 900 |
| Studios | 1 | - | - |
Property Taxes
| Parcel Number | 034-240-027 | Improvements Assessment | $394,146 |
| Land Assessment | $63,829 | Total Assessment | $457,975 |
Property Taxes
Parcel Number
034-240-027
Land Assessment
$63,829
Improvements Assessment
$394,146
Total Assessment
$457,975
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