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    2531 W Rumble Road

    Modesto, CA 95350
    • $999,000
    • STATUS: Active
    • ON SITE: 315 days
    • ID#: 21928716
    UPDATED: 51 min ago
    $999,000
    • 0
      BEDS
    • 2.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,196
      SQFT
    • $835
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The offering is an outstanding opportunity for an investor to acquire a prime location in the beautiful city of Modesto at an extreme value. This Approved Planned Development for 50 units sits on 2.25 acres is located at 2531 W. Rumble Road, Modesto Ca on the corner W. Rumble and Conant Avenue. This opportunity is close to schools, Shopping, Medical Facilities, and is just minutes from Hwy 99. The owner has already received full approval from the City of Modesto. Ready for the planned construction of 50 unit apartment complex.

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2020-09-23T10:56:20.04.
    www.jasonknowsmarin.com/homes/100858844
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    2531 W Rumble Road Modesto, CA 95350

    • Price: $999,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: 21928716
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.25
    Acres
    1,196
    SQFT
    $835
    $/SQFT
    Neighborhood:
    Stanislaus County
    County:
    Stanislaus
    Area:
    Stanislaus County
    Property Description
    The offering is an outstanding opportunity for an investor to acquire a prime location in the beautiful city of Modesto at an extreme value. This Approved Planned Development for 50 units sits on 2.25 acres is located at 2531 W. Rumble Road, Modesto Ca on the corner W. Rumble and Conant Avenue. This opportunity is close to schools, Shopping, Medical Facilities, and is just minutes from Hwy 99. The owner has already received full approval from the City of Modesto. Ready for the planned construction of 50 unit apartment complex.
    Exterior Features

    Carports 0 Exterior Other Foundation Construct Other Garages 0 Lot Description Other On Site Parking Other Open Uncovered Spaces 0 Roof Other Rv Boat Spaces 0 Type 2 Story3 Story Underground Spaces 0

    Interior Features

    Heat Cool Other

    Property Features

    1 Bdrm Ann Occupancy 0.00 1 Bdrms Occupied 0 1 Bedroom Rent Range 1400 1 Bedrooms 10 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 1550 2 Bedrooms 40 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 0.00 City Transfer Tax No City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev Unknown Est Insurance Exp 0.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 0.00 Est Net Income 912000.00 Est Taxes 0.00 Est Total Annual Exp 0.00 Est Utilities Exp 0.00 Expense Source Owner Furnished Units 0 GRM 1.10 Gross Scheduled Inc 912000.00 Guest Spaces 0 Laundry Appliance Other Lease Deposit 0.00 Lot Size Source (Realist Public Rec) Monthly Expenses 0.00 Monthly Income 76000.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc Other Planned Unit Develop Yes Sewer Septic Other Square Footage Source Realist Public Rec Studio Ann Occupancy 0.00 Studio Rent Range 0 Studios 0 Studios Occupied 0 Transaction Type Sale Water Source Other Year Built Exception Unknown

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Walid Ali of Re/Max Gold Natomas.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2020-09-23T10:56:20.04.
     
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