COVINGTON CREEK l MERCED, CA l 108 UNITS

COVINGTON CREEK l MERCED, CA l 108 UNITS

Covington Creek Apartments (108 units) in Merced for $6,900,000

Highlights

• Represented Seller and Buyer.

• Multiple Offers.

• Sold $75,000 Over Asking Price.

• Exchange Buyer from Los Angeles.

• Great Value-Add Opportunity.

• 5.15% Cap Rate On Current Operations.

Jon Mimms of the “Mimms Group” Represented Seller and Buyer in this Transaction.