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2228 Martin Luther King Jr Way
Merced, CA 95340
Five Bambinos · Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
Three Units recently remodeled and re-rented.
The remaining Two need renovation and tenants.
Income: $1,200.00, $1,300.00 and $1,300.00.
The remaining Two need renovation and tenants.
Income: $1,200.00, $1,300.00 and $1,300.00.
PROPERTY FACTS
| Price Per Unit | $233,711 CAD | Building Size | 1,000 SF |
| Sale Type | Investment | Average Occupancy | 40% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2024 |
| Property Subtype | Apartment | Parking Ratio | 5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.26 AC | ||
| Zoning | R2 - Apartments | ||
| Price Per Unit | $233,711 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 1,000 SF |
| Average Occupancy | 40% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - Apartments |
AMENITIES
UNIT AMENITIES
- Lawn
SITE AMENITIES
- Courtyard
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $1,925 CAD | 1,000 |
PROPERTY TAXES
| Parcel Number | 030-195-001 | Improvements Assessment | $261,690 CAD |
| Land Assessment | $67,493 CAD | Total Assessment | $329,184 CAD |
PROPERTY TAXES
Parcel Number
030-195-001
Land Assessment
$67,493 CAD
Improvements Assessment
$261,690 CAD
Total Assessment
$329,184 CAD
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