550 Sandy Lane Ripon, CA 95366 46 Units

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.

Property Location
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.

Listing Advisors

Otto Ozen

Executive Vice President

(909) 235-7886

CA Lic. #01030086

Brian Nakamura

Senior Vice President

(909) 235-7889

CA Lic. #01953694

Nazli Santana

Vice President

(310) 908-7676

CA Lic. #01015922

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