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1109 Alpha Rd
Turlock, CA 95380 Chemurgic

$1,350,000 USD

Apartments For Sale  •  8,104 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,748 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1969
  • Zoning RL, Turlock
30 Transit Score
40 Walk Score

Highlights

Excellent opportunity for an investor to purchase a stabilized apartment asset in a competitive “CollegeTown” market with low vacancy & rising rents.
Major recent capital expenditures include a new roof, HVACs, exterior stucco & paint, dual-pane windows, exterior fencing and landscaping.
Attractive in-place 8%+ cap rate and priced below replacement cost.
Spacious Two and Three Bedroom units that have been recently renovated.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Andy Hodgson 209-401-9085 Colliers
Andy Hodgson 209-401-9085 Colliers