2157 Yosemite Pkwy Merced, CA 95340

52,704 SF Built 1989

Property ID

US09-2204256

$8,988,000 52,704 SF

2157 Yosemite Pkwy, Merced, CA 95340
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The Willow Glen Townhouse Apartments at 2157 Yosemite Parkway were built circa 1989 and are for sale for only the second time in thirty-five years. The complex offers the investors, the opportunity for to acquire a building in excellent condition, in a strong employment market, with low market-wide vacancy. The property has undergone many recent improvements with twenty-four of 61-units having thorough interior renovations including luxury vinyl plank flooring, granite kitchen tops, and new appliances. Other renovations included over the last decade include new pitched composite roofs on all buildings circa 2018, new fascia boards, new paint, new concrete office access, newer landscaping, a resurfaced pool, recent major tree trimming, and numerous unit interior upgrades. The improvements consist of seven separate buildings including six residential buildings, and a seventh building dedicated as the on-site rental office, and laundry. Unit layouts are configured with sixty-one, two-bedroom/one-and-a-half-bath two level townhomes each of approximately 864 square feet. Each townhome features forced roof mounted heating and air conditioners, gas stoves, frost free refrigerators, and one-piece drop-in shower and tub enclosures with sliding glass doors.