Axis at Compass Pointe II

For Sale

3700 Horizons Ave, Merced, CA 95348

This Merced property for sale is located at 3700 Horizons Ave. The general use of Axis at Compass Pointe II is multi-family and it incorporates 140,316 square feet of class A multi-family space. The current listed sale price for Axis at Compass Pointe II is $39,000,000. Axis at Compass Pointe II is situated on a lot that is 10.43 acre in size.

Contacts

broker

Rudas Gebregiorges

NAI NorCal

(510) 244-3707

Property Details

  • Property Type Multi-Family
  • Property Size 140,316 SF
  • Units 128
  • Lot Size 10.43 Acre
  • Building Class A
  • Year Built 2024
  • Date Updated Apr 18, 2024
Merced, a city located in the San Joaquin Valley, offers a rich history, diverse culture, and a plethora of amenities. It is a hub for outdoor activities and easy access to scenic destinations such as Yosemite National Park and Lake Yosemite. The University of California, Merced, adds to the city's appeal with education and research opportunities. However, the high demand for student housing has resulted in a shortage of available options. This has opened up opportunities for developers to meet the growing demand by constructing new apartment facilities. With a growing student population, a limited supply of housing, and a desirable location, Merced has become a popular investment market for those in the housing development industry. Merced offers a unique blend of small-town charm and big-city amenities, all at an affordable cost of living. With warm weather and a central location, it is an ideal destination for those seeking outdoor adventures, education, or a change of pace. There truly is something for everyone in Merced.NAI Northern California 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.

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Highlights

  • AFFORDABLE LIVING: 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
  • LIST OF AMENITIES:
  • Central A/C
  • Washer/Dryers in units
  • Energy Efficient Appliances
  • Marble Countertops
  • Waterproof hardwood tile flooring
  • Ample Off-Street Parking
  • Clubhouse w/ study areas & fitness center
  • Outdoor entertainment and picnic areas
  • Swimming Pool
  • Secure gated community

Getting around

  • 7/100

    Walk Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Merced, CA
  • Zip Code 95348
  • Market Central Valley

Points of Interest

  • Merced

    1.98 miles

  • Valero

    1.02 miles

  • Chevron

    1.08 miles

  • Chevron

    1.16 miles

  • BP

    1.43 miles

  • Arco

    1.56 miles

  • Valero

    1.72 miles

  • Westgate Beacon

    2.02 miles

  • Smiley's Shell Service

    2.05 miles

  • Costco Gasoline

    2.14 miles

  • Fast Refresh

    2.16 miles

  • RDA Parking Structure

    2.13 miles

  • Scholars Lot

    3.74 miles

  • Bellevue Lot

    3.81 miles

  • University Lot

    3.91 miles

  • Library Lot 2

    4.13 miles

  • Library Lot 1

    4.16 miles

  • LeGrand Faculty/Staff Lot

    4.39 miles

  • North Bowl Parking

    4.59 miles

  • Gateway Motel

    2.00 miles

  • San Joaquin Motel

    2.01 miles

  • Siesta Motel

    2.02 miles

  • Slumber Motel

    2.03 miles

  • Motel 6

    2.19 miles

  • Merced Howard Johnson

    2.31 miles

  • Studio 6 Merced, CA

    2.31 miles

  • Studio 6

    2.32 miles

  • Days Inn by Wyndham Merced/Yosemite Area

    2.39 miles

  • California Best Motel

    2.77 miles

  • Target

    0.83 miles

  • Merced Mall

    0.93 miles

  • JCPenney

    0.94 miles

  • Food 4 Less

    0.94 miles

  • Sears

    0.94 miles

  • Big Lots

    1.00 miles

  • Kohl's

    1.01 miles

  • FoodMaxx

    1.14 miles

  • Raley's

    1.24 miles

  • Walmart

    1.31 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rudas Gebregiorges

NAI NorCal

(510) 244-3707