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2157 Yosemite Pkwy Merced, CA 95340

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For Sale
$8,988,000

Well-maintained apartment complex with recent renovations in a strong market.

Property size:
52,704 SF

Property Features for 2157 Yosemite Pkwy

General Information

Standard status
Active
Size
52,704 SF

Building Details

Year built
1989
Source: Corcoran

Listing Agent: Jon Holmquist

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


Overview

Willow Glen Townhouse Apartments

The Willow Glen Townhouse Apartments, constructed around 1989, are available for sale. This complex presents an opportunity to acquire a well-maintained building in a robust employment market characterized by low vacancy rates. Recent enhancements include interior renovations in twenty-four of the 61 units, featuring luxury vinyl plank flooring, granite kitchen countertops, and new appliances. Additional renovations over the last decade encompass new pitched composite roofs on all buildings around 2018, new fascia boards, new paint, new concrete office access, updated landscaping, a resurfaced pool, recent tree trimming, and numerous unit interior upgrades. The property comprises seven separate buildings, including six residential buildings and a dedicated on-site rental office and laundry facility. The unit configuration consists of sixty-one two-bedroom, one-and-a-half-bath two-level townhomes, each approximately 864 square feet. Each townhome is equipped with roof-mounted forced air heating and air conditioning, gas stoves, frost-free refrigerators, and one-piece drop-in shower and tub enclosures with sliding glass doors.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.444974
Latitude
37.33207

FAQs

What type of property is this?
Apartment building - Well-maintained apartment complex with recent renovations in a strong market.
Where is this apartment building located?
The property is located at 2157 Yosemite Pkwy Merced, CA.
What is the asking price?
The asking price for this property is $8,988,000.
What are key features of this property?
This property features: - Excellent condition in a strong employment market with low market-wide vacancy.; - **24 of 61 units feature thorough interior renovations** including luxury vinyl plank flooring, granite kitchen tops, and new appliances.; - New pitched composite roofs on all buildings (circa 2018).
More about this property
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