The Villas at Monte Vista is an 11-unit community of individually addressed townhomes located in east Turlock, California. Offered for the first time since its construction in 2004, the property has undergone a series of recent improvements, including a full exterior repaint, new vinyl perimeter and private yard fencing, and interior remodels completed as units turn over. With a current cap rate of 4.72%, The Villas presents an opportunity to acquire a well-located asset with meaningful upside to market rents. Each of the eleven townhomes (approx. 1093 sq ft) offers two bedrooms and 1.5 bathrooms, a full kitchen, and separate dining and living areas, complemented by a private fenced yard, a covered patio, and a full two-car garage with washer/dryer hookups. The results is a homeownership-like living experience within a quiet, shaded, and private community--set in one of Turlock's most desirable neighborhoods, within a mile of California State University, Stanislaus, and minutes from shopping, dining, and Highway 99.

Pending