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28202186
28202187

556 Vermont Ave, Turlock, CA 95380

RP
CA 01889002
JRP Commercial
Listed by JRP Commercial
$2,800,000
209 days on market
Updated 145 days ago
Opportunity zone

556 Vermont Ave, Turlock, CA 95380-5357

Details
APN 050-029-052
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,600
Units 10
Cap Rate 4.84%
NOI $135,636
Pro-Forma Cap Rate 6.83%
Pro-Forma NOI $191,302
Price per SqFt $241
Year Built 2004
Buildings 2
Stories 2
Lot Size (SqFt) 30,490
Zoning R-3

Multifamily | 10 Units | $280,000/unit

Marketing description

Exceptional 10-unit townhouse-style apartment complex built in 2004 featuring all 2-bedroom, 1.5-bath units with approximately 1,160 sq. ft. each. Property offers in-unit laundry, A/C, and private 1-car garages. Stucco exterior, tile roofs, and well-maintained condition ensure lasting appeal. Total living area 11,600 sq. ft. on a 31,957 sq. ft. lot with 26 total parking spaces including garages. Located in a quiet area surrounded by single-family homes, just minutes from Historic Downtown Turlock, restaurants, shopping, and nightlife. A turnkey investment offering stable income and strong rental demand in a growing Central Valley market.

Listing Contacts

RP
CA 01889002
JRP Commercial
Listed by JRP Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$135,636.00
$11,303.00/mo

Valuation Metrics

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DSCR
4.84%
Cap Rate
4.84%
ROI

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