Multifamily
The Village at Shannon Way
300 Shannon Pkwy, Visalia, CA 93291
Listing Price: $71,250,000
Investment Overview
Marcus & Millichap is pleased to present The Village at Shannon Way Apartments located in Northwest Visalia, CA.
The unique opportunity to acquire a brand-new luxury building in a fantastic location. This Class “A” asset is in lease up and renting approximately 7-10 units a week. The Village at Shannon Way is a very attractive property with resort-worthy amenities: Resort style pool with cabanas and poolside lounging, jacuzzi/hot tub, Pickleball court, bbq islands with pizza oven, designer clubhouse with gourmet kitchen, state-of-the art 24 hr. fitness center, and beautiful park area for outdoor activities.
The Village at Shannon Way is a three-story complex with a very favorable unit mix: (96) one-bedroom/ one-bathroom that are approximately 860 square feet and (120) two-bedroom/two-bathroom units that are approximately 1,083 square feet.
Situated in a robust rental market, the subject property benefits from strong demand for housing, ensuring high occupancy and potential for rent growth. For investors seeking a brand-new apartment complex, in an up-and-coming area, The Village at Shannon Way represents a compelling opportunity
Investment Highlights
- Opportunity to Acquire a Brand New Class "A" Building in Northwest Visalia, CA
- Desirable Unit Mix: (96) One-Bedroom/One-Bathroom and (120) Two-Bedroom/Two-Bathroom Units
- Resort Style Amenities: Pool with Cabanas and Lounging, Jacuzzi/Hot Tub, Pickleball Court, BBQ Islands with Pizza Oven, Designed Clubhouse with Gourmet Kitchen and Fitness center
- ???????Located in Northwest Visalia across the street from Visalia Orchard Walk
Exclusively Listed By
Financing By
Listing Price: $71,250,000
Investment Highlights
- Opportunity to Acquire a Brand New Class "A" Building in Northwest Visalia, CA
- Desirable Unit Mix: (96) One-Bedroom/One-Bathroom and (120) Two-Bedroom/Two-Bathroom Units
- Resort Style Amenities: Pool with Cabanas and Lounging, Jacuzzi/Hot Tub, Pickleball Court, BBQ Islands with Pizza Oven, Designed Clubhouse with Gourmet Kitchen and Fitness center
- ???????Located in Northwest Visalia across the street from Visalia Orchard Walk
Investment Overview
Marcus & Millichap is pleased to present The Village at Shannon Way Apartments located in Northwest Visalia, CA. The unique opportunity to acquire a brand-new luxury building in a fantastic location. This Class “A” asset is in lease up and renting approximately 7-10 units a week. The Village at Shannon Way is a very attractive property with resort-worthy amenities: Resort style pool with cabanas and poolside lounging, jacuzzi/hot tub, Pickleball court, bbq islands with pizza oven, designer clubhouse with gourmet kitchen, state-of-the art 24 hr. fitness center, and beautiful park area for outdoor activities. The Village at Shannon Way is a three-story complex with a very favorable unit mix: (96) one-bedroom/ one-bathroom that are approximately 860 square feet and (120) two-bedroom/two-bathroom units that are approximately 1,083 square feet. Situated in a robust rental market, the subject property benefits from strong demand for housing, ensuring high occupancy and potential for rent growth. For investors seeking a brand-new apartment complex, in an up-and-coming area, The Village at Shannon Way represents a compelling opportunity
Exclusively Listed By
Financing By