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Trombetta Apartments 3025 Tully Rd 10 Unit Apartment Building $2,931,533 CAD ($293,153 CAD/Unit) 5% Cap Rate Modesto, CA 95350
Investment Highlights
- Desirable area
- updated units
- pool
Executive Summary
Don't miss this rare opportunity to own a well-maintained 10-unit complex in a highly desirable location. This attractive property offers spacious, thoughtfully designed units with upgraded amenities that appeal to today's renters and support strong occupancy potential. Residents enjoy access to a sparkling community pool, additional on-site parking, and well-kept common areas that enhance both comfort and convenience. The large unit layouts provide generous living spaces, making this complex stand out in the market. With its excellent location near shopping, dining, and major transportation routes, this property offers both stability and long-term growth potential. A solid addition to any investment portfolio.
Property Facts
| Price | $2,931,533 CAD | Building Class | C |
| Price Per Unit | $293,153 CAD | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 10,330 SF |
| Cap Rate | 5% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PD (244), Modesto - Multifamily | ||
| Price | $2,931,533 CAD |
| Price Per Unit | $293,153 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 10,330 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | PD (244), Modesto - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 10 | $2,379 CAD | 1,033 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 054-18-80 | Improvements Assessment | $2,161,646 CAD |
| Land Assessment | $282,678 CAD | Total Assessment | $2,444,323 CAD |
Property Taxes
Parcel Number
054-18-80
Land Assessment
$282,678 CAD
Improvements Assessment
$2,161,646 CAD
Total Assessment
$2,444,323 CAD
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Trombetta Apartments | 3025 Tully Rd
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