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Listed by Armando Diaz • Soldavi Inc.
$ 2,995,000
Est. payment | /mo
12,800 SqFt
$ 2,995,000
Est. payment | /mo
12,800 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,800 sqft
Price per Sqft $233
MLS Listing ID CRMC24209964
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 0.517 Acres
Property Description
Welcome to “The Palms,†home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Location
State CA
County Merced
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry Inside
Exterior
View Other
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767