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40 W 13Th St Merced, CA 95341

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For Sale
$2,400,000

New 10-unit apartment complex near downtown Merced and UC Merced.

Property size:
6,665 SF
Lot size:
0.26 Acres

Property Features for 40 W 13Th St

General Information

Standard status
Active
Size
6,665 SF
Lot size
0.26 Acres

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Listing Contact
Randy Hayer
Randy Hayer
Source: Corcoran

Listing Agency: REALTY EXECUTIVES OF NORTHERN CALIFORNIA Listing Agent: Randy Hayer

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

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Overview

New Merced Apartment Complex

This new 10-unit apartment complex is located in Merced. The property consists of two modern apartment buildings and offers an investment opportunity with ten 2-bedroom, 1-bathroom units. Each unit is approximately 665 sq. ft. and features new appliances, laminate flooring, dual-pane windows, and an indoor laundry room. The open-concept kitchens include granite countertops that connect to the formal living room. The property includes solar panels and a new 30-year composition roof. Residents will have access to private parking, a landscaped front area, and concrete driveways and walkways. The property has Enterprise zoning, which supports a range of residential, commercial, and mixed-use developments. The project is scheduled for completion by the end of 2025. The property is located minutes from downtown Merced, UC Merced, shopping centers, and major highways.
Location Intelligence

Current Use by Public Records

Precision Brake Auto Repair Shop

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.477422
Latitude
37.2937587

FAQs

What type of property is this?
Apartment building - New 10-unit apartment complex near downtown Merced and UC Merced.
Where is this apartment building located?
The property is located at 40 W 13Th St Merced, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Brand new 10-unit apartment complex offering a turn-key, income-producing investment.; - Enterprise zoning provides flexible land-use allowances.; - Each unit features modern amenities including new appliances, laminate flooring, dual-pane windows, indoor laundry, and granite countertops.
More about this property
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