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Listed by John P Kelly • Century 21 Epic
$ 1,195,000
Est. payment | /mo
2,222 Beds
5 Baths
8,480 SqFt
$ 1,195,000
Est. payment | /mo
2,222 Beds
5 Baths
8,480 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,480 sqft
Price per Sqft $140
MLS Listing ID 325078868
Bedrooms 2222
HOA Y/N No
Year Built 1985
Lot Size 1.170 Acres
Property Sub-Type 5 or More Units
Property Description
Brookview Apartments is a well-maintained 8-unit apartment complex ideally located in Oakhurst, CA the gateway to Yosemite National Park. Built in 1985, the property features spacious single-story, 2-bedroom units averaging approximately 1,060 square feet, each with in-unit laundry hookups, air conditioning, and separately metered utilities. Recent capital improvements include a new roof (2024). The property offers investors an attractive cap rate with a history of strong occupancy in a market defined by high rental demand. Tenants enjoy ample parking and a prime location close to downtown shopping, dining, grocery, recreation, transit, and Highway 41. With its stable income stream, quality improvements, and irreplaceable location near Yosemite, Brookview Apartments represents a rare opportunity to acquire a strong, income-producing asset in Madera County's thriving rental market.
Location
State CA
County Madera
Area 23001
Interior
Heating Central
Cooling Central
Exterior
Parking Features Carport, Off Street, Uncovered
Garage Spaces 16.0
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition Offer As Is
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Stacey Sandoe
REALTOR® | Lic# 01860298