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801 Ashwood Ln
For Sale $1,450,000 ($365.42 per Sq Ft)
$1,450,000 ($365.42 per Sq Ft)
- 7 Bedrooms
- 6.00 Bathrooms
- 3,968 Sq Ft
- 9,853 Sq Ft
Description
We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,450,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 3,968 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 2023 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 047075001000 |
| MLS # | 24355831 |
| Property ID | 320200481 |
| Lot Sqft | 9,853 |
| Zoning | Unknown |
| Total Units | 3 |
| Days on Market | 292 |
| Original List Price | $1,450,000 |
| Date Updated | November 14, 2024 |
| Date Created | February 06, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $2,600 | $2,700 |
| Unit #2 | 2 | 2.00 | $2,500 | $2,700 |
| Unit #3 | 3 | 2.00 | $3,000 | $3,000 |
| Gross Income (Yr) | $ 97,200 |
| Operating Expenses | $ 25,561 |
| Net Income (Yr) | $ 66,779 |
| Cap Rate | 4.60% |
Listing Provided By
Joyce Goldstein an agent of . Lic #01903737
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REAL ESTATE AGENT