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2301 5th St
Hughson, CA 95326
Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 6,304 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1946 |
| Zoning | City | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 6,304 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | City |
ABOUT 2301 5TH ST , HUGHSON, CA 95326
Less than 10 miles east of the City of Modesto sits the quaint farming-community of Hughson. Hughson is one of the more desirable communities to reside in within the Stanislaus County due to its safety and charm. The City’s downtown, which is experiencing significant revitalization efforts, sits less than 3 blocks away from the subject property. The subject property is a 14-unit apartment complex, with 4 separate, one-story buildings, in the heart of Hughson. The buildings present a unique, historical appeal, and feature new roofs on all buildings with updated plumbing in 4 units. The complex consists of 11 one-bedroom units and 3 two-bedroom units that rest on nearly a half-acre of land and less than a quarter-mile from the Downtown. The property also features a well-landscaped courtyard for tenants to enjoy. This offering presents a value-add opportunity for the savvy investor by converting one-bedroom units to two-bedrooms, adding exterior appeal, and capitalizing on below market rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $895.00 | 576 |
| 1+1 | 11 | $795.00 | 416 |
PROPERTY TAXES
| Parcel Number | 018-70-53 | Improvements Assessment | $807,108 |
| Land Assessment | $87,488 | Total Assessment | $894,596 |
PROPERTY TAXES
