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Property profile & analytics
OFF-MARKET
Estimated value
$12,970,000
Apartment buildings
139 Minnesota Ave Turlock, CA 95382-1715
Entity Owned
27-yr Hold
Property ID
US09-1909868
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2003
Construction
WOOD FRAME
Total area
105,464 SF
Lot
6.6 ac (287,496 SF)
APN
071-009-029-000
UPID
US09-1909868
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cherry Tree Village Apartment Apartment Building
-
Green Clusters Daycare High School Daycare Center
-
Oak Valley Plumbers Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.97M
Owner & transaction history
Cherry Tree Village Partners · 27 yrs held
Cherry Tree Village Partners
since 1999
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Turlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turlock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$123 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$148
Tax year 2024
Assessed value
$11,598,098
Assessed 2024
Previous assessed
$11,598,098
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$2,002,008
Assessed improvement
$9,596,090
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2003
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Bathrooms
1
Total area
105,464 SF
Lot
6.6 ac (287,496 SF)
APN
071-009-029-000
UPID
US09-1909868
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Bathrooms
1
Lot
6.6 ac
Current owner
From public records · entity-resolved
Cherry Tree Village Partners
Entity
Mailing address
334 N NORMANDIE AVE APT #104, LOS ANGELES, CA 90004-4457
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
—
Cherry Tree Village Partners LP
—
Deed
related
$10,675,000 · Tri Counties Bank
Dec 30, 2022
—
Cherry Tree Village Partners LP
—
Deed
related
$16,500,000 · Cpif Mra LLC
Mar 11, 2021
—
Cherry Tree Village Partners LP
—
Deed
related
$16,500,000 · Cpif Mra LLC
May 4, 1999
—
Cherry Tree Village Partners
American Housing Construction
Grant Deed
$400,000 · Central Valley Coalition
Jan 9, 1998
—
American Housing Construction
Rtc Land Assets
Grant Deed
related
—
Sep 27, 1996
$225,000
Rtc Land Assets-1995 Np2c
Rule Enterprises
Trustees Deed
related
—
Jun 30, 1994
—
Rule Enterprises
Phillips,robert
Grant Deed
related
—
Sep 21, 1990
$126,000
Equity Preservat
Rule Enterprises
Grant Deed
related
—
—
—
American Housing Construction
—
Deed Of Trust
related
$180,000 · County Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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