412 E 4th St | Madera, CA 93638
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
412 E 4th St
Madera, CA 93638
Madera Apartments ($450,000 Price Reduction) · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- Favorable Unit Mix: (10) Studios, (23) One-Bedroom/ One-Bathroom, (2) One-Bedroom/Two-Bathroom, (5) Two-Bedroom/One-Bathroom and (8) Two-Bedroom/ Two-
- Close to Downtown Madera
- Value-Add Opportunity: Continue to Upgrade Interiors and Increase Rents on Turnover
- Located in a Very Strong Rental Are in Central Madera
- Priced at a 6.22% Cap Rate on Actuals/7.02% Cap Rate on Proforma
- Close to Many Schools
PROPERTY FACTS
| No. Units | 48 | Building Size | 40,264 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 1.08 AC | ||
| Zoning | N/Av, Madera | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 40,264 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | N/Av, Madera |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 23 | - | - |
| 1+2 | 2 | - | - |
| 2+1 | 5 | - | - |
| 2+2 | 8 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,707,697 | |
| Land Assessment | $604,246 | Total Assessment | $2,311,943 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$604,246
Improvements Assessment
$1,707,697
Total Assessment
$2,311,943
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
