Manchester Court Apartments

2200 Standiford Avenue Modesto, CA 95350 230 Units
Manchester Court Apartments

Investment Highlights

  • Attractive Assumable Loan
  • High Occupancy with Proven Value Add Rental Upside
  • Desirable Unit Mix with Large Floor Plans
  • Full Amenities Including Fitness/Business Centers and Resort Style Spa/Pools
  • Desirable Location with Ace Access to High Income Jobs

Property Description

The Mogharebi Group The Mogharebi Group is pleased to present the opportunity to acquire Manchester Court Apartments, a 230-unit multifamily community located at 2200 Standiford Avenue in Modesto, California. Built in 1990, this well-maintained asset is comprised of an attractive mix of spacious one- and two-bedroom floorplans averaging 813 square feet. The property’s comprehensive community amenities include a fitness center and two resort-style swimming pools, while apartment homes feature high-demand amenities including in-unit washers / dryers, ample storage space, and fully equipped kitchens. Additionally, Manchester Court has undergone recent renovations providing the potential for immediate upside in unrenovated units. The property is currently offered with attractive assumable in-place financing.

Property Location
2200 Standiford Avenue
Modesto, CA 95350
Situated along Standiford Avenue, residents are in close proximity to an array of daily grocery, shopping, dining, and conveniences in the surrounding area including Central Valley Plaza and Vintage Faire Mall. The property is also less than one mile from Highway 99, which provides connectivity to the major job centers, retail destinations, educational institutions, and entertainment venues located throughout the Central Valley region.

Listing Advisors

Otto Ozen

Executive Vice President

(909) 235-7886
Otto@Mogharebi.com

CA Lic. #01030086

Brian Nakamura

Senior Vice President

(909) 235-7889
Brian@Mogharebi.com

CA Lic. #01953694

Nazli Santana

Vice President

(310) 908-7676
Nazli@Mogharebi.com

CA Lic. #01015922

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