367 N Union Rd - Apartments FOR SALE


Manteca, CA 95337
$16,000,000 USD
415-920-3795
367 N Union Rd, Manteca, CA for Sale
$16,000,000 USD
Apartments - FOR SALE
1/27
null | 6.37% Cap Rate

367 N Union Rd
Manteca, CA 95337


HIGHLIGHTS

  • Fully renovated interiors W/Laundry hookups
  • Located adjacent to the Manteca Park Golf Course
  • Low maintenance asset

OVERVIEW

Marcus & Millichap is honored to present Manteca Golf and Tennis Villas, a well-positioned, income-generating asset located in the dynamic market of Manteca, California. Constructed in 1985, this 56-unit complex encompasses approximately 45,177 square feet on a 2.24-acre parcel, strategically designed with a desirable unit mix: (24) one-bedroom/one-bathroom units of roughly 700 square feet and (31) two-bedroom/one-bathroom units at approximately 888 square feet each.

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$382 USD /SF

# OF UNITS

56

PRICE/UNIT

$285,714

CAP RATE

6.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manteca Golf & Tennis Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

PD

APN/PARCEL ID

200-150-02

ASK ABOUT THIS PROPERTY

Stephen JacksonMarcus & MillichapMore Info
415-920-3795

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Stephen JacksonMarcus & MillichapMore Info
415-920-3795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.