Merced Station | Student Housing

2980 E Yosemite Merced, CA 95340

2980 E Yosemite, Merced, CA, 95340
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$162,951,000
Last Verified:
Sep 21, 2022

Highlights

  • BRAND NEW 2022 CONSTRUCTION | CLASS-A STUDENT HOUSING
  • 270 UNITS | 885 BEDS | 17.25 ACRES | (15) 3-STORY BUILDINGS
  • CLOSEST CLASS-A ASSET TO UNIVERSITY OF CALIFORNIA-MERCED
  • TROPHY ASSET INCLUDES NUMEROUS FIRST-CLASS AMENITIES
  • 12,000 SF STATE-OF-THE-ART CLUBHOUSE
  • 100% PROJECTED OCCUPANCY BY END OF AUGUST 2022
  • ELECTRICAL METERS AND UTILITY RUBS START 2023 (NOI INCREASE)
  • ONLY PURPOSE-BUILT STUDENT HOUSING ASSET SERVING BOTH UNIVERSITY OF CALIFORNIA MERCED AND MERCED COLLEGE
  • ONLY DESIGNATED STUDENT HOUSING FOR FAST GROWING CAMPUS
  • WITHIN 130 MILES OF 3 MAJOR METROS | 8.4M+ RESIDENTS
  • MINUTES FROM UC MERCED | TOP 95 NATIONAL UNVERSITIES
  • CAMPUS PARKWAY | FREEWAY EXIT ENDS ONE BOCK FROM MERCED
  • PRIVATE 5-DAY/WEEK SHUTTLE | 4 MINUTES TO UC MERCED FRONT GATE
  • UC MERCED EXPERIENCED 73% ENROLLMENT GROWTH IN 10 YRS
  • UNIVERSITY HAS FUTURE PLANS TO EXCEED 18,000 STUDENTS
  • FASTEST GROWING UNIVERSITY OF CALIFORNIA CAMPUS
  • MERCED, CA | ONE OF FASTEST GROWING CALIFORNIA TOWNS
  • MINUTES FROM MERCED COLLEGE | 11,870 STUDENTS
  • STRONG PROJECTED RENTAL INCREASES IN MARKET (4-8%)
  • STARBUCKS AND TWO FAST CASUAL RESTAURANTS BEING BUILT

Description

Brand New Construction Student Housing project in Merced, CA, minutes away from University of California-Merced.

Merced, CA


Year Built: 2022
Building Size: 407435sq ft
Lot Size: 17.25 acres

Map of 2980 E Yosemite, Merced, CA, 95340

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.