Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring… Read More throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal. Read Less
Property listed by Realty Executives Of Northern California, Randy Hayer 310-259-7556
Listing Snapshot
Days Online
13
Last Updated
Property Type
MultiFamily
Square Ft.
6,665
Lot Size
0.26 Acres
MLS Number
MC25235639
Additional Details
Building
2 stories, Entry level: 1, Construction Materials: Concrete
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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