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10-unit Apartment Complex 40 W 13th St 10 Unit Apartment Building $3,350,208 CAD ($335,021 CAD/Unit) Merced, CA 95341

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INVESTMENT HIGHLIGHTS

  • Brand New 10-Plex Unit
  • 10 Parking Spaces
  • Ten (10) 2 bedroom, 1 bath, 665 Sq Ft Units

EXECUTIVE SUMMARY

Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal.

PROPERTY FACTS

Price $3,350,208 CAD
Price Per Unit $335,021 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.26 AC
Construction Status Under Construction
Building Size 6,665 SF
No. Stories 2
Year Built 2025
Opportunity Zone Yes
Zoning Enterprise - Benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments.

AMENITIES

UNIT AMENITIES

  • Balcony
  • Granite Countertops
  • Double Pane Windows

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 - 665
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38008371

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 40 W 13th St, Merced, CA 95341

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