1735 W North Bear Creek Drive
Merced, CA 95348
22,511.81Sqft(Lot)
Discover an exceptional investment opportunity at 1725-1735 West North Bear Creek Drive, Merced, CA. This 12-unit complex features spacious two-bedroom, one-and-a-half-bathroom townhome-style apartments, all with central HVAC, covered and uncovered parking, and an on-site laundry room. With units currently below market rent, this property offers significant value-added potential. Proforma projections show an annually increasing cap rate from the current 6.23% to 7.07% (Year 1), 7.84% (Year 2), and 8.03% (Year 3 - Market Rent). Merced's growing demand for quality rental housing suggests a steady stream of potential tenants, providing the potential for reliable rental income and low vacancy rates. Located in the heart of Merced, CA, the apartment complex at 1725-1735 West North Bear Creek
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| N Southern Pacific Avenue, Merced, CA, 95348 | $599,999 | -- | -- | -- | Acres (Lot)-- |
| Canyon Drive, Merced, CA, 95348 | $260,000 | -- | -- | -- | Acres (Lot)-- |
| N State Highway 59, Merced, CA, 95348 | $3,490,000 | -- | -- | -- | Acres (Lot)-- |
| N State Highway 59, Merced, CA, 95348 | $3,900,000 | -- | -- | -- | 466,105.07 Sqft(Lot) |
| N State Highway 59, Merced, CA, 95348 | $3,900,000 | -- | -- | -- | Acres (Lot)-- |
| N State Highway 59, Merced, CA, 95348 | $3,790,000 | -- | -- | -- | 466,105.07 Sqft(Lot) |
| N State Highway 59, Merced, CA, 95348 | $2,100,000 | -- | -- | -- | Acres (Lot)-- |
| Sohan Drive, Merced, CA, 95348 | $207,000 | -- | -- | -- | Acres (Lot)-- |
| W Cardella Road, Merced, CA, 95348 | $999,999 | -- | -- | 2,650 | 845,416.84 Sqft(Lot) |
| N State Highway 59, Merced, CA, 95348 | $2,500,000 | -- | -- | -- | 19,985.33 Sqft(Lot) |
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ByOwner last updated this listing 06/14/2026 @ 02:47
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