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801 Ashwood Lane

Patterson, CA 95363
  • $1,450,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 24355831
UPDATED: 45 min ago
$1,450,000
  • 7
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,968
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Listing Agent(s): Joyce Goldstein of CB Richard Ellis L.A. North Universal Ci (818-502-6700)


Description

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T13:35:06.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/147363033
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801 Ashwood Lane Patterson, CA 95363

  • Price: $1,450,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 45 min ago
  • ID#: 24355831
7
Beds
0
Baths
0
½ Baths
0.23
Acres
3,968
SQFT
$365
$/SQFT
2023
Built
Neighborhood:
STCK - Stockton
County:
Stanislaus
Area:
STCK - Stockton
Property Description
We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.
Exterior Features

Entry Location Main Level Number Of Separate Electric Meters 3 Parking Features Door-MultiGarage Parking Total 3 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DishwasherRefrigeratorDryerWasher Flooring Carpet Heating Heat Pump Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Buyer Financing Cash Cap Rate 4.6 Garage YN Yes Gross Income 97200 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 66779 New Construction YN Yes Number Of Separate Gas Meters 3 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T13:35:06.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
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Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): Joyce Goldstein of CB Richard Ellis L.A. North Universal Ci (818-502-6700)