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Trombetta Apartments 3025 Tully Rd 10 Unit Apartment Building $2,095,000 ($209,500/Unit) 5% Cap Rate Modesto, CA 95350
Investment Highlights
- Desirable area
- updated units
- pool
Executive Summary
Don't miss this rare opportunity to own a well-maintained 10-unit complex in a highly desirable location. This attractive property offers spacious, thoughtfully designed units with upgraded amenities that appeal to today's renters and support strong occupancy potential. Residents enjoy access to a sparkling community pool, additional on-site parking, and well-kept common areas that enhance both comfort and convenience. The large unit layouts provide generous living spaces, making this complex stand out in the market. With its excellent location near shopping, dining, and major transportation routes, this property offers both stability and long-term growth potential. A solid addition to any investment portfolio.
Property Facts
| Price | $2,095,000 | Building Class | C |
| Price Per Unit | $209,500 | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 10,330 SF |
| Cap Rate | 5% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PD (244), Modesto - Multifamily | ||
| Price | $2,095,000 |
| Price Per Unit | $209,500 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 10,330 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | PD (244), Modesto - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 10 | $1,700 | 1,033 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 054-18-80 | Improvements Assessment | $1,547,171 |
| Land Assessment | $202,323 | Total Assessment | $1,749,494 |
Property Taxes
Parcel Number
054-18-80
Land Assessment
$202,323
Improvements Assessment
$1,547,171
Total Assessment
$1,749,494
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Trombetta Apartments | 3025 Tully Rd