2980 E Yosemite Ave | Merced, CA 95340
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- LoopNet Team
2980 E Yosemite Ave
Merced, CA 95340
Merced Station · Multifamily Property For Sale · 270 Units
Investment Highlights
- BRAND NEW 2022 CONSTRUCTION | CLASS-A STUDENT HOUSING | 270 UNITS | 885 BEDS | 17.25 ACRES | (15) 3-STORY BUILDINGS
- 14,500 SF STATE-OF-THE-ART CLUBHOUSE | 100% PROJECTED OCCUPANCY BY END OF AUGUST 2022
- ONLY DESIGNATED STUDENT HOUSING FOR FAST GROWING CAMPUS | WITHIN 130 MILES OF 3 MAJOR METROS | 8.4M+ RESIDENTS | MINUTES FROM UC MERCED
- CLOSEST CLASS-A ASSET TO UNIVERSITY OF CALIFORNIA-MERCED | TROPHY ASSET INCLUDES NUMEROUS FIRST-CLASS AMENITIES
- ELECTRICAL METERS AND UTILITY RUBS START 2023 (NOI INCREASE) | ONLY PURPOSE-BUILT STUDENT HOUSING ASSET SERVING UNIVERSITY OF CALIFORNIA MERCED
- PRIVATE 5-DAY/WEEK SHUTTLE | 4 MINUTES TO UC MERCED FRONT GATE | UC MERCED EXPERIENCED 73% ENROLLMENT GROWTH IN 10 YRS
PROPERTY FACTS
| No. Units | 270 | Lot Size | 14.18 AC |
| Property Type | Multifamily | Building Size | 407,435 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2022 |
| Building Class | B |
| No. Units | 270 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 14.18 AC |
| Building Size | 407,435 SF |
| No. Stories | 3 |
| Year Built | 2022 |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Yard
- Island Kitchen
- Pantry
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Gated
- Basketball Court
- Dry Cleaning Service
- Furnished Units Available
- Gameroom
- Grill
- Gas Range
- Laundry Service
- Media Center/Movie Theatre
- Pet Play Area
- Volleyball Court
- Wi-Fi
- Storage Space
- Bicycle Storage
- Community-Wide WiFi
- Conference Rooms
- Lounge
- Maintenance on site
- Pet Care
- Private Bathroom
- Shuttle To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 180 | - | - |
| 3+3 | 15 | - | - |
| 4+4 | 75 | - | - |
PROPERTY TAXES
| Parcel Number | 008-010-071 | Improvements Assessment | $99,100,000 |
| Land Assessment | $5,900,000 | Total Assessment | $105,000,000 |
PROPERTY TAXES
Parcel Number
008-010-071
Land Assessment
$5,900,000
Improvements Assessment
$99,100,000
Total Assessment
$105,000,000
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