127 W 18th ST Active Save Request In-Person Tour Request Virtual Tour
Merced,CA 95310
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,615 sqft
Price per Sqft $37
MLS Listing ID 225032681
Bedrooms 23
Lot Size 0.689 Acres
Property Sub-Type Multi Family
Property Description
Worldbid auction - Court Ordered. 23 unit apartment complex is the heart of Merced. Under market rents! Qualifying round sealed bids due April 23, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Proforma rents of $268,000. 69% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports. Current appraised value $1.3 million.Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions.
Location
State CA
County Merced
Area 20407
Zoning r4
Interior
Heating Individual
Cooling None
Flooring See Remarks
Laundry Coin Operated
Exterior
Utilities Available City
Building
Lot Description Sidewalk
Story 1
Foundation See Remarks
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Acceptable Financing Cash
Listing Terms Cash