Trails at 2112

2112 Floyd Avenue Modesto, CA 95355 97 Units
Trails at 2112

Investment Highlights

  • Turnkey Condition – Fully Renovated
  • Strong Cash-on-Cash Yields
  • Resort-Style Amenities
  • Attractive Existing Loan
  • Desirable Unit Mix
  • Outstanding Visibility and Access Improving
  • Supply-Constrained Market

Property Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire Trails at 2112 Apartment Homes, a 97-unit apartment community located in Modesto, California. This property provides the right investor an opportunity to acquire a high-quality asset in one of the most desirable markets in the Central Valley with tremendous near and long-term growth. Further, it can be purchased significantly below replacement cost. Built in 1985, Trails at 2112 is a two-story, 97-unit apartment community that is located on Floyd Avenue in Modesto, CA. Trails at 2112 features spacious studio, one-bedroom, and two-bedroom floor plans with an average size of 876 square feet. The units feature a stackable washer/dryer, new quartz countertops, white cabinetry, stainless steel appliances, a patio/balcony with private entrances, and vinyl plank flooring. The property features a vast resort-style outdoor pool with cabanas, lushly landscaped walkways, a 24-hour fitness center, a dog wash station, and a dog park.

2112 Floyd Avenue
Modesto, CA 95355
Trails at 2112 has significant frontage on Floyd Avenue, which has over 13,000 cars per day. Commuters enjoy easy access to Highway 99 and shopping / jobs at Vintage Faire Mall, Kaiser Permanente Medical Center, and Central Valley Plaza. Modesto offers an affordable alternative to the Bay Area and is only 60 minutes from high-income jobs in San Ramon and 90 minutes from San Jose. Within a 30-, 60- and 90-minute commute, there are approximately 232,000, 581,000, and 2.3 million jobs respectively.

Listing Advisors

Brian Nakamura

Senior Vice President

(909) 235-7889

CA Lic. #01953694

Otto Ozen

Executive Vice President

(909) 235-7886

CA Lic. #01030086

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