3527 W Campus Avenue, OUT OF AREA, CA 93277 (MLS# 14-3155)

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3527 W Campus Avenue, OUT OF AREA, CA 93277

$4,138,392

Property Type: Res Inc Lot Size (sq. ft.): 162,043 Status: Closed

Current Price: $4,138,392 List Date: 12/08/2014 Last Modified: 9/15/2024

Overview

Description

In the heart of Visalia, Alpine Meadows is an 83 unit apt complex with 12 apt buildings & an office surrounding an inviting community pool & spa. There are (6) 3Bed/1Bath, (66) 2Bed/1Bath, & (11) 1Bed/1Bath plus a converted storage unit. In addition to the pool & large unit size, residents also enjoy covered, off-street parking & separate laundry room. New roofs installed within last 4 years.

Supplements: An Offering Memorandum is available upon request. Alpine Meadows may also be purchased as part of a portfolio of three multifamily properties which include the 40-unit Vintage Pine Apartments and the 20-Unit Villa Rose Apartments.

Listing Details MLS# 14-3155

Location Info

District: 97 - OUT OF AREA
Street #: 3527
Dir: W
Street Name: Campus
Street Suffix: Avenue
State: CA
Country: US
Postal Code: 93277
County: Out of Area
Parcel Number: 095010040
Cross Street: Demaree St

Contract Info

Price: 5500000
Buyers Agent $/%: 2.5
Begin Date: 2014-10-06

Status Information

Sold Date: 2015-05-29
Under Contract Date: 2015-02-27

Property Information

Number of Units: 83
Stories: 2
Year Built: 1972
Apx Lot SqFt: 162043
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 150000

More Information

Miscellaneous

Parking Spaces: 126

Unit 1

# Units: 6
# Bedrooms: 3
# Baths: Yes
Furnished: N
Rent: 745
Monthly Total: 4470
# Half Baths: 0

Unit 2

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 725

Unit 3

# Units: 66
# Bedrooms: 2
# Baths: Yes
Rent: 642

Unit 4

# Units: 10
# Bedrooms: Yes
# Baths: Yes
Rent: 534

Meters

Sep Meter Elec: Y
Sep Meter Gas: Yes

Neighborhood/Schools

Elementary School: Other
Junior High School: Other
High School: Other

Foundation

Slab: Yes

Proximity

Near School(s): Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes

Amenities

Pool: Yes
Spa: Yes

Income/Expenses

Annual Income: 677100
Gross Rent Multiplr: 8.12
Capitalization Rate: 5.76
Total Annual Exp: 326412

Cooling

A/C Central: Yes

Zoning

R-3: Yes
Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Carport: Yes
Outside: Yes

Flr/Wdw Coverings

Carpet: Yes
Vinyl Plank: Yes

Pub Listing Details

None: Yes

Owner Provides

Water: Yes
Trash: Yes

Property Features

Foundation: Slab Parking Info: Carport; Carport; Outside Proximity: Near School(s); Near Shopping Laundry: Laundry Room Amenities: Pool; Spa Cooling: A/C Central Owner Provides: Water; Trash Zoning: R-3; Other Terms: Cash; Conventional Listing Type: ER Pub Listing Details: None

Listing Office: Battaglia Commercial Real Esta

Last Updated: September - 15 - 2024

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