Description
We are pleased to present the investment opportunity at Sutter Avenue in Modesto. This portfolio consists of 6 separate buildings for a total of 22 units. The portfolio offers a fantastic unit mix of (16) two-bedroom units and (6) three-bedroom units, with nearly 20% upside in market rents. The property is governed by an HOA with assessments of $120/unit each month. The tenant rules greatly benefit ownership by helping to mitigate littering, noise, and clutter. The 22 units will offer an investor nearly a majority control of HOA, given there are 44 units total in the association. The major services provided include landscaping and garage.
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0BEDS
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0.96ACRES
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0BATHS
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01/2 BATHS
School Information
Description
We are pleased to present the investment opportunity at Sutter Avenue in Modesto. This portfolio consists of 6 separate buildings for a total of 22 units. The portfolio offers a fantastic unit mix of (16) two-bedroom units and (6) three-bedroom units, with nearly 20% upside in market rents. The property is governed by an HOA with assessments of $120/unit each month. The tenant rules greatly benefit ownership by helping to mitigate littering, noise, and clutter. The 22 units will offer an investor nearly a majority control of HOA, given there are 44 units total in the association. The major services provided include landscaping and garage.
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