Adult 55+
Address
2600 W Rumble Road, Modesto, CA
Price
$ 9,100,000
Property Attributes
  • MLS#224041479
  • TypeIncome
  • CountySTANISLAUS
  • CityModesto
  • AreaModesto
  • Zip95350
  • Style5 or More Units
  • Price$ 9,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.33 Acres
Data Source:
MetroList MLS
Property Description

BRAND NEW!! Discover the allure of this brand-new 35-unit apartment complex in North Modesto, situated in a tranquil residential enclave. With a mix of 29 1-bedroom, 1-bath units and 6 studios, each residence is equipped with top-of-the-line Samsung split air units, sleek hard surface flooring, luxurious granite countertops, stainless steel appliances, and the convenience of an in-unit washer/dryer. Experience peace of mind with the subject property's fully secured access, abundant covered parking spaces, and inviting outdoor recreational areas. Unlock the potential of this 55 and over market-rate apartment complex, offering a prime opportunity for a lucrative return on investment in a desirable location.

Price History
4/23/2024 Listed $9,100,000

General Features

Sewer Other
Heating Other
Cooling Other
Utilities Other
Unit 1 Rent 1575
Garage Spaces 0.0
Construction Materials Other
Year Built 2023
Stories 1
Property SubType 5 or More Units
Building Name Magnolia Garden
County Stanislaus
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Highway 99 to Standiford Ave,Sisk to Rumble.
City Modesto
Buyer Agent Compensation Negotiable
High School District Modesto City
Zoning Description Planned Development
Open Parking Spaces 0.0
Total Units 35
MLS Area 20101
Lot Size Square Feet 57935.0
Carport Spaces 0.0
Street Name Rumble
Standard Status Active
Middle/Junior School District Stanislaus Union
Elementary School District Stanislaus Union
Year Built Source Builder
Buyer Agent Compensation Type Dollar

Interior Features

Flooring Other
Total Stories 1
Unit 1 Full Baths 1
Unit1Bedrooms 29
Street Suffix Road
Laundry Features Other
Unit 1 Bedroom Units Total 29
UnitTypeStudioUnitsTotal 6

Exterior Features

Parking Features Other
Lot Features Other
Water Source Other
Total Parking 37.0
Foundation Details Other
Number of Buildings 7
Lot Size Acres 1.33
Lot Size Source Not Verified
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95350

Price
AVG $2.55M
$9.1M
Visits
AVG 100
40
Data Provided by Inside Real Estate®
Year Built
AVG 1973
2023

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