Technical
Financial
Distress signals
Property profile

1500 Lakewood Ave Modesto, CA 95355

OFF-MARKET
Apartment buildings
Property ID
US09-1815592
94,140 SF 6.04 ac lot Built 1985
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1985
Construction WOOD FRAME
Total area 94,140 SF
Lot 6.04 ac (263,102 SF)
APN 068-005-049-000
UPID US09-1815592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • (Bike/Boat/Book/etc) Store

Location

1500 Lakewood Ave Modesto, CA 95355-3584
Modesto metro Census 906 MODESTO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.71M
Blend (final) Blend
$6.73M

Owner & transaction history

since 2020
Last sale
$5.4M
7 recorded transactions
2020
$5.4M
2020
Price N/A
2018
$16.8M
2017
Price N/A
2014
Price N/A
2002
Price N/A
1994
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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