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23203119
23203128

116 Bundeson Cir, Hollister, CA 95023

PB
CA CA01873218
Marcus & Millichap - San Francisco
SR
CA CA 01977683
Marcus & Millichap - San Francisco
EH
CA CA 0205299
Coldwell Banker
Listed by Marcus & Millichap - San Francisco, Coldwell Banker
$3,450,000
399 days on market
Updated 3 days ago

116-124 Bundeson Circle

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,820
Net Rentable (SqFt) 7,820
Units 5
Cap Rate 4.09%
NOI $141,064
Year Built 2024

Five Newly Constructed Townhomes in an Excellent Location!

Marketing description

Presenting a prime investment opportunity at 116-124 Bundeson Circle, Hollister, CA—a set of five luxurious condominiums, newly constructed in 2024, blending modern elegance with strong rental potential. Each of the five units offers 1,564 square feet of thoughtfully designed space, featuring three bedrooms and three bathrooms, ideal for comfortable living. All units are currently leased to dependable tenants, providing steady income. These premium residences showcase high-end finishes, including granite countertops, contemporary cabinetry, stylish flooring, and updated appliances, complemented by the convenience of washer/dryer hookups in every unit. Each condo also includes a private garage and two exclusive decks, perfect for outdoor enjoyment. The owner currently covers property taxes, insurance, and HOA dues for each unit, with tenants responsible for all other expenses, streamlining management and enhancing profitability. This combination of upscale amenities and favorable financial structure makes these condos a standout choice in today’s market.

Situated in the heart of Hollister, Bundeson Circle is enveloped by a welcoming, family-oriented community that exudes warmth and accessibility. The neighborhood offers close proximity to downtown Hollister’s charming boutiques, eclectic restaurants, and lively local events, creating a tight-knit, small-town vibe. Surrounding parks and recreational areas cater to outdoor lovers, while highly regarded schools nearby appeal to families. With convenient access to major highways, residents can easily reach Silicon Valley or Monterey, striking a perfect balance between serene suburban living and connectivity to bustling urban centers. This desirable location enhances the appeal of these condos, ensuring lasting value for tenants and investors alike.

Listing Contacts

PB
CA CA01873218
Marcus & Millichap - San Francisco
SR
CA CA 01977683
Marcus & Millichap - San Francisco
EH
CA CA 0205299
Coldwell Banker
Listed by Marcus & Millichap - San Francisco, Coldwell Banker

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,064.00
$11,755.33/mo

Valuation Metrics

0
DSCR
4.09%
Cap Rate
4.09%
ROI

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Additional Information

Name
Philip Batlin
License
CA01873218
Name
Sam Runco
License
CA 01977683
Name
Endri Hoxha
License
CA 0205299
Brokerage Address
1427 Chapin Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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