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12487 Conrad St
Madera, CA 93637

Regency Court · Multifamily Property For Sale · 52 Units

Investment Highlights

  • HIGHLY OCCUPIED WITH RENTAL UPSIDE
  • HIGHLY DESIREABLE UNIT MIX WITH WASHER/DRYER HOOKUPS
  • CENTRAL VALLEY INDUSTRIAL CONSTRUCTION BOOM DRIVES JOB GROWTH
  • COMMUTABLE TO OVER 900,000 JOBS

PROPERTY FACTS

No. Units 52
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.64 AC
Building Size 72,762 SF
Average Occupancy 100%
No. Stories 2
Year Built 1988
Parking Ratio 1.32/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer Hookup
  • Heating
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Dining Room
  • Family Room
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Property Manager on Site
  • Tennis Court
  • Smoke Detector

About 12487 Conrad St , Madera, CA 93637

52-unit apartment community located in Madera, California. This property provides the right investor an opportunity to acquire a value-add asset in one of the nation’s hottest submarkets.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $965.00 730
2+1 4 $1,065 850
2+2 32 $1,165 930
3+2 12 $1,270 1,050

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
047-370-042
Land Assessment
$604,535
Improvements Assessment
$1,957,425
Total Assessment
$2,561,960

zoning

Zoning Code N/Av, Madera
N/Av, Madera
  • Listing ID: 19187851

  • Date on Market: 4/10/2020

  • Last Updated:

  • Address: 12487 Conrad St, Madera, CA 93637

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