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    3700 Horizons Ave Merced, CA 95348

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    For Sale
    $39,000,000

    Brand new apartment complex in Merced, California, with modern amenities.

    Property size:
    140,316 SF

    Property Features for 3700 Horizons Ave

    General Information

    Size
    140,316 SF

    Building Details

    Year built
    2024

    Source: Rudas Gebregiorges Agent Rudas Gebregiorges

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New 128-Unit Apartment Complex

    This is a brand new, fully built apartment complex in Merced, California, featuring 16 buildings and 128 units. The unit mix includes twenty-eight 1-bedroom units, fifty-six 2-bedroom units, and forty-four 3-bedroom units. Each unit features modern amenities, fully-equipped kitchens, spacious bedrooms, and patios or balconies. Community amenities include a fitness center, pool, and clubhouse with study areas. The complex also offers outdoor entertainment and picnic areas. Additional features include central A/C, in-unit washer/dryers, energy-efficient appliances, marble countertops, waterproof hardwood tile flooring, and ample off-street parking. The property is part of a secure gated community. The complex is situated in a prime location with convenient access to shopping, dining, entertainment, Merced College and UC Merced. Merced offers a blend of small-town charm and big-city amenities, with access to Yosemite National Park and Lake Yosemite. The high demand for student housing in Merced presents opportunities for housing development.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.522
    Latitude
    37.3748

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    FAQs

    What type of property is this?
    Apartment building - Brand new apartment complex in Merced, California, with modern amenities.
    Where is this apartment building located?
    The property is located at 3700 Horizons Ave Merced, CA.
    What is the asking price?
    The asking price for this property is $39,000,000.
    What are key features of this property?
    This property features: - Brand new, 128-unit apartment complex completed in 2024.; - Strong investment potential due to growing population and limited rental housing supply in Merced.; - Diverse unit mix: 1, 2, and 3-bedroom apartments.
    (510) 828-1214
    Request Owner's contact information
    3700 Horizons Ave Merced, CA 95348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3700 Horizons Ave Merced, CA 95348
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