Patterson CA Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
3,950
Status:
Active
Beds:
7
Lot size:
0.17 Acres
Year built:
2023
Baths:
6.00
MLS#:
24356021

ADDITIONAL INFORMATION

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.

Type:
Cluster
Sq.Ft.:
3,968
Status:
Active
Beds:
7
Lot size:
0.23 Acres
Year built:
2023
Baths:
6.00
MLS#:
24355831

ADDITIONAL INFORMATION

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.

Type:
Cluster
Sq.Ft.:
4,004
Status:
Active
Beds:
7
Lot size:
0.17 Acres
Year built:
2023
Baths:
6.00
MLS#:
24356067

ADDITIONAL INFORMATION

We are pleased to present the Triplexes at the Villages of Patterson, a brand-new, 16-building, luxury triplex community, for sale. Each of the triplexes feature beautiful finishings, in-unit washer/dryers, private patios, attached garages, and spacious floorplans. This multifamily acquisition opportunity is located in a master-planned community, the Villages of Patterson, in the rapidly growing city of Patterson, California. The Villages of Patterson, which is in various stages of development, includes single family, townhomes, apartments, and triplex sites. This master-planned community has attracted interest from national single-family home builders, with both KHovnanian and KB Homes building in the Project and selling more than 325 homes in the area, and with land holdings for an additional 300 home sites under development. Each of the sixteen triplex buildings is approximately 4,000 sf and features two, 2-bedroom, 2-bathroom townhome-style units and one, 3-bedroom, 2.5-bathroom townhome-style unit. Most of the units were immediately leased upon completion. Each triplex is on a separate parcel and can be purchased individually or as a portfolio. Electricity is paid directly by the tenants; water and trash are billed to the landlord and reimbursed by the tenants. These triplexes are an ideal opportunity for a first-time investor, or an owner-user looking to occupy one unit and rent the others, or to provide housing to a multi-generational/extended family.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Patterson Real Estate

The median home value in Patterson, CA is $538,078. This is higher than the county median home value of $434,600. The national median home value is $338,100. The average price of homes sold in Patterson, CA is $538,078. Approximately 67.73% of Patterson homes are owned, compared to 26.51% rented, while 5.77% are vacant. Patterson real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Patterson real estate agent to arrange a tour today!

Patterson, California has a population of 23,517. Patterson is more family-centric than the surrounding county with 51.69% of the households containing married families with children. The county average for households married with children is 35.12%.

The median household income in Patterson, California is $82,979. The median household income for the surrounding county is $68,368 compared to the national median of $69,021. The median age of people living in Patterson is 29.8 years.

Patterson Weather

The average high temperature in July is 96.1 degrees, with an average low temperature in January of 39 degrees. The average rainfall is approximately 12.4 inches per year, with 0 inches of snow per year.

Patterson Real Estate Market Conditions

  • Median sales price

    $538,078
    11.1% change since last quarter
  • # Active listings

    109
    30-day change

Patterson Schools and Demographics

Education near Patterson, CA

Metric City County
High School Graduates 74.89 79.95
College Degree - 2 year 5.84 7.45
College Degree - 4 year 14.48 17.94
Graduate Degree 3.24 3.65
Expenditures per Student 14,058 14,058
Students per Teacher 22 22

Elementary Schools near Patterson, CA

School Grades Students P/T Ratio ZIP
Alberta Martone Elementary School KG - 06 678 25.1 95358
Apricot Valley Elementary School KG - 05 868 26.3 95363
Bonita Elementary School KG - 05 146 24.3 95313
Bret Harte Elementary School KG - 06 947 25.6 95358
Fairview Elementary School KG - 06 787 24.6 95358
Grayson Charter School KG - 05 274 22.8 95387
Hart-Ransom Elementary School KG - 08 809 21.9 95358
Hunt Elementary School KG - 05 385 21.4 95360
HURD Barrington Elementary KG - 05 469 24.7 95360
Las Palmas Elementary School KG - 05 579 25 95363
Northmead Elementary School KG - 05 555 24.1 95363
Paradise Charter School KG - 08 121 44 95358
Paradise Elementary School KG - 08 75 27.3 95358
Shiloh Charter School KG - 08 90 25 95358
Shiloh Elementary School KG - 08 50 20.8 95358
Von Renner Elementary School KG - 05 403 25.2 95360
Walnut Grove Elementary School KG - 08 709 27 95363
Westport Elementary School KG - 06 432 24 95358

Middle Schools near Patterson, CA

School Grades Students P/T Ratio ZIP
Creekside Middle School 06 - 08 1,157 26.5 95363
Evelyn Hanshaw Middle School 07 - 08 835 26.9 95358
Mountain View Middle School 06 - 08 197 21.9 95313
Yolo Junior High School 06 - 08 705 28 95360

High Schools near Patterson, CA

School Grades Students P/T Ratio ZIP
Orestimba High School 09 - 12 777 23.2 95360
Patterson High School 09 - 12 1,749 23.9 95363

Ungraded Schools near Patterson, CA

School Grades Students P/T Ratio ZIP
* Del Puerto High School 09 - 12 123 19.7 95363
* Foothill Community Day School 07 - 12 12 12 95360
* West Side Valley High (Continuation) School 09 - 12 40 20 95360
Hart-Ransom Academic Charter School KG - 12 300 27.5 95358
Petersen Alternative Center for Education 01 - 12 162 27.9 95358
Stanislaus County West Campus KG - 12 76 9.5 95358

Demographics near Patterson, CA

Metric City County
Neighborhood Type Suburban
Population 23,517 550,842
Population Density 3,995 368
Median Age 29.8 34.4
People per Household 3.7 3.1
Median Household Income 82,979 68,368
Average Income per Capita 26,643 29,195