Patterson, CA 95363 801 Ashwood Lane
$1,450,000
13 more
Presented By: Joyce Goldstein with CB Richard Ellis L.A. North Universal Ci
Home Details
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.
Presented By: Joyce Goldstein with CB Richard Ellis L.A. North Universal Ci
Interior Features for 801 Ashwood Lane
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
FlooringCarpet
Heating Y/NYes
Street SuffixLane
Total Stories2
General for 801 Ashwood Lane
AppliancesDishwasher, Refrigerator, Dryer, Washer
Buyer Agent Compensation2.500
Buyer Agent Compensation Type%
Buyer FinancingCash
Cap Rate4.6
CityPatterson
CountyStanislaus
Days on Market9
DirectionsMerge onto I-5 N, Exit Fink Rd, Turn right onto Fink Rd, Turn left onto Ward Ave, Turn right onto M St, Continue onto Walnut Ave, Turn left onto Ashwood Ln
Entry LocationMain Level
Garage Spaces3
Garage Y/NYes
Gross Income97200
HOA / Comm AssnNo
HeatingHeat Pump
Interior FeaturesCeiling Fan(s)
LevelsTwo
Lot Size Square Feet9853
MLS AreaSTCK - Stockton
Net Operating Income66779
New ConstructionYes
Pool FeaturesNone
Property TypeResidential Income
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories2
Street NameAshwood
Total Units3
Year Built2023
Year Built SourceAssessor
Exterior for 801 Ashwood Lane
Building Area Total3968
Lot Size Acres0.2262
Lot Size Area9853
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Parking FeaturesDoor-Multi, Garage
SpaNo
Total Parking3
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480