430 S Washington St - Apartments FOR SALE


Modesto, CA 95351- Downtown Modesto
$350,000 USD
310-704-3616
430 S Washington St, Modesto, CA for Sale
$350,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

430 S Washington St
Modesto, CA 95351
Downtown Modesto


HIGHLIGHTS

  • Worldbid auction bids due April 30
  • Court ordered sale
  • undermarket rents and vacancies
  • appraised for $910,000

OVERVIEW

Worldbid auction - Court Ordered. 16 unit apartment complex is the heart of Modesto. Under market rents! Qualifying round sealed bids due April 30, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Proforma rents of $202,020. 62%% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports. Appraised for $910,000. Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions. March 27th: Open House at 11:00 AM – 2:00 PM April 23rd: Open House at 11:00 AM – 2:00 PM

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

16

PRICE/UNIT

$21,875

CAP RATE

Request Cap Rate

% LEASED

62%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,878 SF

ZONING

-

APN/PARCEL ID

104-26-17

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

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