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New Construction 128-Unit Apartment Complex

$39,000,000

3700 Horizons Ave, Merced, CA 95348

Active
Last Updated: 02/01/2024

140,316 sqft

Building Size

10.43 acres

Lot Area

Details:
Building Size:    140,316 sqft
Lot Area:    10.43 acres
Class:    A
Units:    128
Year Built:    2024
Price Per Sqft:    $277.90
Price Per Unit:    $304,687
Floors:    2
Parking Spots:    408
Construction Status:    In Development
Investment Strategy:    Core Plus
Highlights:
  • AFFORDABLE LUXURY To be delivered brand new 128-unit apartment complex in thriving Merced, CA
  • UNMATCHED VALUE Growing population and limited supply drive demand for rental properties which make for a strong investment
  • MODERN AMENITIES Carefully crafted units, scenic views, and a community oasis offer comforts of a resort-like experience
  • STRATEGIC LOCATION Central to rapidly growing Merced, within minutes to Merced College and UC Merced
Description:

NAI NorCal is pleased to present the opportunity to acquire a brand new apartment complex in Merced, California. The project is masterfully designed and will be delivered fully built; featuring 16 buildings, 128-units, over 400 parking spaces, and spacious community facilities.

A perfect balance of comfort and convenience, the Axis at Compass Pointe Phase II will consist of a unit mix of Twenty-Eight (28) 1-bedrooms, Fifty-Six (56) 2-bedroom, and Forty-Four (44) 3-bedroom units. Each unit is a work of art, boasting modern amenities and features like fully-equipped kitchens, spacious bedrooms, and patios or balconies with breathtaking views.

Residents can take advantage of the complex’s resort-like community amenities, including a fitness center, pool, and club house. Additionally, the complex is situated in a prime location with easy access to shopping, dining, and entertainment options, as well as convenient transportation.


CALL TODAY FOR MORE INFORMATION: 510-828-1214

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Axis_at_Compass_Pointe_Phase_II_Flyer.pdf
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