60-Unit LIHTC Apartment
For Sale
Contact for pricing
1832 Merced St, Madera, CA 93638
All residences operate under the Section 42 Low-Income Housing Tax Credit program with income and rent restrictions.
Property Size81,492 SF
Price / SF$64.42
Days on Market216
Property Features for 1832 Merced St
General Information
Standard status
Active
Size
81,492 SF
Class
B
Total Parking Spaces
60
Property subtype
Multifamily
Occupancy
98%
Additional Details
Highway Access
Yes
Multifamily Units
60
Building Details
Year Built
1998
Buildings
10
Stories
2
Units
60
Listing Agency:
LIHTC Advisors
Listed By:
Cole Evarts · License #02250533
Source:
Crexi
Added: Jan 30
Changed: Aug 30
Last Checked: Aug 31 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIHTC Advisors
Investment Insights
Based on property information with market context.
Valley Vista Apartments is a 60-unit multifamily property at 1832 Merced Street in Madera, California. Built in 1998, the property contains 81,492 square feet and is subject to the Section 42 Low-Income Housing Tax Credit program. Each unit carries income and rent restrictions established through the LIHTC structure.
The property is in Madera County’s San Joaquin Valley market, north of Fresno, with access to State Route 99 for travel throughout the Central Valley. The address places the asset within a regional residential and employment area serving Madera and nearby communities.
The property is in Madera County’s San Joaquin Valley market, north of Fresno, with access to State Route 99 for travel throughout the Central Valley. The address places the asset within a regional residential and employment area serving Madera and nearby communities.
Key Highlights
- 60 apartment units with Section 42 LIHTC participation
- 81,492‑square‑foot multifamily property
- Built in 1998
Property Analytics
Current Use
Lease Details
60
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 93638, CA
51,106
Population
12,821
Households
4
Avg Household Size
29
Median Age
8%
College-Educated
56%
High-School Grad
90.3 sq mi
ZIP Area
566
Density / Sq Mi
$60,031
Median Household Income
$28,544
Median Earnings
$1,218
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All residences operate under the Section 42 Low-Income Housing Tax Credit program with income and rent restrictions.
Where is this apartment building located?
The property is located at 1832 Merced St Madera, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 60 apartment units with Section 42 LIHTC participation; 81,492‑square‑foot multifamily property; Built in 1998
