4922 Joe Howard Street, Mariposa, CA 95338

$1,250,000 Approx. USD 0 beds, 0 baths
13,200 sqft

Agent Remarks

Great investment opportunity in Mariposa! This is a 22-unit single story apartment complex located within walking distance to many conveniences. All apartments are one bedroom, each with identical floor plans. The Clubhouse, with it's laundry room and office, is located in the center of this 1.68 acre lot. This property is approved by Mariposa County for Section 8 tenants, if you wish to utilize. Currently, each apartment is single occupancy, with the majority of the tenants being 55+. Rent roll records are available for your review, that indicate an extremely low vacancy rate. With an approximate 6% cap rate, it should cash flow with 35% down.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# YG16138264
List price is $1,250,000
Beds: 0
Baths: 0
None fireplaces
Built in 1988
13,200 sqft
1 stories
1.68 acres
Lot size: 1.680
County: Mariposa
Property style: Traditional
Interior features: Ceiling Fan,Open Floor Plan,Shower in Tub,Unfurnished
Parking description: Unassigned
Heating description: Propane,Wall Heater
MLS area: MP1 - Mariposa 1

Last Updated: 8/9/2016

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This listing belongs to the MP1 - Mariposa 1 MLS area

The style of this listing is Traditional.
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Lat/Long: 37.489593, -119.974264.
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Broker: Courtesy of Keller Williams Westland Rlty
Listing Agent: Shelly Adkins
Co Listing Agent: Melanie Barker

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

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