The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	Call for Details
Units	100
Year Built	1986
Lot Size Acres	4.77

Investment Highlights

Proven Value Add with Rental Upside
Attractive 3.37% Assumable Financing
Desirable Unit Mix with Large Floorplans
Strong Central Valley Market Fundamentals
Relative Affordability
Commutable to over 1.4 Million Jobs
ACE Expansion Provides Access to High-income Jobs

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire Walnut Woods, a 100-unit multifamily community located at 275 East Minnesota Avenue in Turlock, California. Built in 1985, this well-maintained asset is comprised of an attractive mix of spacious one- and two bedroom floorplans averaging 922 square feet. Amenities include a fitness center, pool, spa, washer / dryer hook ups, and fully-equipped kitchens. Additionally, Walnut Woods has undergone recent renovations providing the potential for immediate upside in unrenovated units. The property is currently offered with attractive in-place assumable financing.

275 East Minnesota Avenue
Turlock, CA 95382

Situated along Minnesota Avenue just east of Geer Road, a major north-south commercial corridor, residents are in close proximity to an array of daily grocery, shopping, dining, and conveniences including Wal-Mart, Raley’s, Costco, and Home Depot.