1431 E 21ST STREET l MERCED, CA l 19 UNITS
HIGHLIGHTS
Favorable Unit Mix: (1) One-Bedroom/One-Bathroom and (18) Two-Bedroom/One-Bathroom Units
Rents Currently 21% Below Market
Attractively Priced at a 5.73% Cap Rate/7.12% Cap Rate on Proforma
Well Maintained Property
True-Value Add Opportunity