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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



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 | Building Class | B |
| Price Per Unit | $335,021 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 10 | Building Size | 6,665 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Enterprise - Benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. | ||
| 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 |
1 1
Walk Score®
Very Walkable (82)
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10-unit Apartment Complex | 40 W 13th St
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