The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	Call for Details
Units	46
Year Built	2008
Rentable SF	40,700
Lot Size Acres	2.44

Investment Highlights

Proven Value Add with Rental Upside
Attractive 5.34% Assumable Financing
Desirable Unit Mix with Large Floorplans
Fully Occupied with Strong Cash Flow
Strong Central Valley Market Fundamentals
Commutable to over 3.7million Jobs
High Demand Residential Area with Attractive Rent vs Buy

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire Villagio, a 46-unit multifamily community located at 550 Sandy Lane in Ripon, California. Built in 2008, this well-maintained asset is comprised of an attractive mix of spacious one- and two-bedroom floorplans averaging 885 square feet. Amenities include a fitness center, pool, rentable garages, washer / dryer hook ups, and fully-equipped kitchens. Additionally, Villagio has undergone recent renovations providing the potential for immediate upside in unrenovated units. The property is currently offered with attractive in-place assumable financing.

550 Sandy Lane
Ripon, CA 95366

Situated adjacent to a neighborhood park and within walking distance of Ripon High School, residents are also in close proximity to daily grocery, shopping, dining, and conveniences.